| Asking Price |
$640,000 | Inventory |
$15,000* |
|---|---|---|---|
| Gross Income |
$860,000 | Real Estate |
|
| Cash Flow |
$234,000 | Year Established | 1992 |
| FF&E |
$250,000* | Employees | 8 Full-Time |
* included in the asking price
** not included in the asking price
Over 15 years of profitability. The model is ageless and proven and recognized with very positive reviews from many reporting sources. This is an excellent opportunity to own a very pofitable eatery with great decor and a stellar reputation. Company growth is limited only by imagination and desire. The Restaurant was started as a lifestyle business for the Seller and has provided consistent income and benefits of ownership for over fifteen years. The Company occupies a crowded market place but provides a unique fare and is recognized as the go to location for specific menu items. This sale is part of a planned phase out and retirement for the Seller. The Seller desires to transfer ownership to someone with the desire and energy to take the Company to the next level of growth. The best candidate for new Ownership would be a marketing oriented person or a couple with a strong customer service background.
Facilities: The company is very well located in leased space in a high density and upscale destination shopping area of Seattle. Fresh and updated with great equipment. Excellent access and parking.
Growth/Expansion: Immediate internal growth can be best achieved by expanding wine and specialty beer offerings. The concept and proven business model is consistently profitable however there are immediate bottom-line gains available through a more hands-on management effort. Growth is only limited by the new Owner's desires.
Financing: Seller will finance up to 20% along with Bank/SBA.
Support/Training: Management in place and Seller will provide excellent transition assistance.
Reason Selling: The sale is part of a planned retirement.

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