Profitable Busy Breakfast Restaurant

Seattle, WA (King County)

Seller Financing Available
Profitable Busy Breakfast Restaurant
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Asking Price: $250,000

Cash Flow: $120,000

Gross Revenue: $700,000

EBITDA: N/A

FF&E: N/A

Inventory: $6,500*

Rent: $5,000 /Month

Established: 1978

*not included in asking price.

Profitable Busy Breakfast Restaurant

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Business Description

The business is a very well-known and popular breakfast and lunch café. It is famous for serving American breakfast dishes and comfort food with warm friendly staff. It has a casual come as you are atmosphere, with a loyal following of local regulars. On weekends they get “slammed” as a destination location for breakfast and patrons have to patiently wait in line for a table. They are serving breakfast all day, and their own homemade and unique comfort food during lunch. The business location has high foot traffic, and is in a popular densely populated recreational area near the waterfront. Prices were very reasonable and the ambiance is homey and comfortable.

Detailed Information

Location:
Seattle, WA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,380
Lease Expiration:
6/30/2019
Employees:
7
Facilities:
The Café is a well-equipped full service restaurant which includes a type one hood system with fire suppression, and a walk-in cooler. The floor plan is a backward L-Shape, with plenty of windows and seating in front. There is dining area fills up the front two sections, which ends at a large open kitchen at the rear of the building space. The location also includes two bathrooms and a small office along a long hallway, separate from the retail area.
Competition:
There are many eating establishments in the area, however all seem to be busy and This Café is the only location well known as a breakfast destination in the area.
Growth & Expansion:
The business can grow with dinner service, add espresso, bakery items, or seating could be expanded.
Financing:
100,000
Support & Training:
Price includes two weeks training
Reason for Selling:
Retirement
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(from currently available funds)
 
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Ron Sterling

Business Listed By:
Ron Sterling

Keller Williams Business & Commercial

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