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The Blackbird Business Assets & Leasehold Improvements. Spokane, WA

Spokane, WA (Spokane County)

The Blackbird Business Assets & Leasehold Improvements. Spokane, WA
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Asking Price: $550,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $7,244.06 /Month

Established: 2014

The Blackbird Business Assets & Leasehold Improvements. Spokane, WA

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Business Description

The Blackbird Restaurant Business Assets and Leasehold Improvements Spokane, WA

The Blackbird restaurant located at 905 N Washington Street Spokane, WA 99201 business assets and leasehold improvements are for sale for a fraction of the total restaurant build out cost.

The owner spent over $1.3 million on the restaurant including furniture, fixtures, equipment and leasehold improvement costs. This incredibly beautiful 7,285 square foot restaurant space with 600 square foot outdoor patio space boasts a modern interior design with open concept, private dinning room, state of the art draft beer system, gourmet chef's dream kitchen with all the bells and whistles ready for a variety of concepts from high end cuisine to BBQ and much more.

Excellent location on the north end of Spokane's Riverfront Park and just a block from the Spokane Arena. The restaurant space is also across the street from the Centennial Hotel and within walking distance of several other hotels including the Davenport Grand.

Take advantage of this incredible opportunity to start your new restaurant concept or keep the old concept the same in this beautiful space and excellent location for a fraction of what the previous owner paid for it. Attractive lease for less than $12 per SF rent.

While operating the restaurant business did 2,188,484.86 in gross sales in 2017 and $1,730,550.67 gross sales in 2018. (2 week shut down in 2018 for remodel.)

Detailed Information

Real Estate:
Leased
Building SF:
7,285
Lease Expiration:
8/31/2021
Business Website:
http://spokanecommercialbrokers.com
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(from currently available funds)
 
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John Powers

Business Listed By:
John Powers - Business Broker

NAI Black Commercial Real Estate Service

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