Profitable & Well Est. Madison Neighborhood Bakery & Cafe

Seattle, WA (King County)

Seller Financing Available
Profitable & Well Est. Madison Neighborhood Bakery & Cafe
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Asking Price: $425,000

Cash Flow: $144,628

Gross Revenue: $902,999

EBITDA: N/A

FF&E: $125,000

Inventory: N/A

Rent: $7,362 /Month

Established: 2003

Profitable & Well Est. Madison Neighborhood Bakery & Cafe

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Business Description

Well Established, Income Producing Café Madison Area with growth potential!

Profitable, well established Madison bakery & cafe
Monthly lease $7,362 NNN $1,534.
Leased through 2023 with one 5 Option Available.
Gross $902,999 Net $144,628 (2018)
Gross $866,955 Net $131,960 (2017)
Seating for 40.
Outdoor Seating Area.
Operates with Beer and Wine License.
Absentee Owner.
Owner will allow use of Trade name for up to three months for transitioning with possible long-term collaboration.

Detailed Information

Location:
Seattle, WA
Real Estate:
Leased
Building SF:
2,313
Lease Expiration:
N/A
Employees:
9
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Seating for 40 Outdoor Seating Area Operates with Beer and Wine License
Competition:
This is great for an owner operator, bakers, and/or those seeking a "perfect" little coffee shop! Cannot say enough good about the area
Growth & Expansion:
Nestled in Madison Valley with great foot traffic, loyal clientele, and great street presence. Average income in this area $185,379 per house hold.
Financing:
Upon Sellers Approval OAC
Support & Training:
After close
Reason for Selling:
Buyer has other interests.
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Contact the Seller

(from currently available funds)
 
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Carrie Field Topacio

Business Listed By:
Carrie Field Topacio

Vantage Commercial Partners

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Sponsoring Broker:
Conrad A. Topacio

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Demographic Information

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