Issaquah Restaurant - Positive Cash Flow

Issaquah, WA (King County)

Issaquah Restaurant - Positive Cash Flow
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Asking Price: Get Financing: $225,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Lease Rate: $27.67 /SF/Year

Established: 2014

Issaquah Restaurant - Positive Cash Flow

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Business Description

Consisting of 3,469 square feet, type 1 hood and updated kitchen equipment, full-bar and new furnishings, surround windows, private office, interior seating approximately 90, surface parking for customers and no deferred maintenance.
Issaquah's median income is $84K/year and has many day business and a large residential community, with new apartments developments, and a short distance to the Issaquah Highlands.
This is a great positive cash flow opportunity!

Attached Documents


Detailed Information

Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
10/31/2024
Employees:
8 Part, 5 Full
Facilities:
This is a unique opportunity to own and operate a positive cash flow restaurant in Issaquah. Issaquah is a city filled with entrepreneurial spirit. Centrally located in a vibrant area, the business is located near the shops and business of the historic downtown Front Street and Gilman Village, Issaquah Commons, and Costco. The interior is nicely designed and was remodeled in 2014. It consist of 3,469 square feet and has a great full-bar and new furnishings. Lease expiration October 30, 2024 and has two 5-year options to renew. Current rent is fixed at $8,000/month until 10/30/2024 and CAM/NNN $3,000/month.
Competition:
The concept has no competition in the area and the business is situated in a highly visible area with lots of surface parking.
Support & Training:
Seller will consider a support/training period.
Reason for Selling:
Focus on other business adventures.
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Constance Shain

Business Listed By:
Constance Shain

Hesch & Shain

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