Return to search results

Profitable Upscale Bar & Grill

King County, WA

Profitable Upscale Bar & Grill
Contact Seller

Asking Price: $695,000

Cash Flow: $254,000

Gross Revenue: $1,316,878

EBITDA: N/A

FF&E: N/A

Inventory: $15,000*

Rent: $9,407 /Month

Established: 2015

*not included in asking price.

Profitable Upscale Bar & Grill

Save Print Share Valuation Report

Business Description

A restaurant Gem! Don’t miss this opportunity to buy a profitable, award-winning restaurant with a wonderfully warm environment, enhanced local ambiance, great food, and most importantly a location in a high end residential, waterfront neighborhood. With no similar competition around, this restaurant offers full breakfast, lunch and dinner menus. A recent reviewer voted this as “one of Seattle's most underrated brunch spots, their vibe comfy/cozy”. Not only does it attract sun seekers headed to Lake Washington, the local community keeps the demand high year-round. Having earned over a 4.2 Star Average, people are lining up to get in! All ages delight in the wonderfully inviting atmosphere created by owner, staff and local regulars-Cheers!

Detailed Information

Location:
King County, WA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
N/A
Employees:
1
Facilities:
Breakfast/Brunch, Dinner, Family Friendly, Good for Groups, Lunch, Outdoor Seating, Takes Reservations.Full Menu, Happy Hour, Outdoor Seating Scene Neighborhood Joint--Think of CHEERS! Neighborhood Icon for over 25 years with menu upgrades by current owner. Voted by Open Table as Best American Restaurant in Vicinity.
Competition:
Family Grill and Bar located in an upscale neighborhood with little competition. Only ethnic restaurants to choose from in local vicinity.
Growth & Expansion:
Currently not open for breakfast except for weekends. Extended morning hours weekdays would increase volume. Restaurant reputation for breakfast and brunches on Saturday and Sunday is not leveraged during wee. Name Recognition and Reputation could be marketed more aggressively. Implement more delivery services to increase volume.
Support & Training:
3 weeks
Reason for Selling:
change
Contact Seller

Contact the Seller

Contact Seller Loading

John Clarke

Business Listed By:
John Clarke

Transworld Business Advisors, Seattle City Centre

Show Phone Number

View My Listings

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1527577 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Squeeze In

Franchise Opportunity In WA
Cash Required: $400,000