The Golden Steer

Kent, WA (King County)

The Golden Steer
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Asking Price: $395,000

Cash Flow: $167,249

Gross Revenue: $1,947,560

EBITDA: N/A

FF&E: $150,000

Inventory: N/A

Rent: $9,200 /Month

Established: 1964

The Golden Steer

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Business Description

Strategically located on the Benson Hwy. on the East Hill of Kent, the Golden Steer is a Southend institution. Loyal patrons come from the immediate area and far away to enjoy family dining, lounge activities (12 pull-tab bins & Karaoke) and its famous Sunday brunches. Voted "Best Family Restaurant" for 12th Consecutive Year and Finalist for "Best Happy Hour" by Best of Kent! The Golden Steer is a "turn-key" operation ready-to-go with a Class 'H' Spirits and Gambling License, catering expertise and an excellent trained staff. Motivated Seller will train and assist in sale!

Detailed Information

Location:
Kent, WA
Real Estate:
Leased
Building SF:
11,000
Lease Expiration:
12/31/2023
Employees:
39
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Huge restaurant of 11,000 SF with multiple "theme" rooms and banquet facilities. Can seat 544 people.
Support & Training:
There are 16 Full-Time Employees and 23 Part-Time Employee. Seller is very cooperative and will train new Buyer.
Reason for Selling:
Sellers retiring after 20 yrs. of operating this rest. & many more in industry.
Business Website:
http://www.kentsteer.com
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Mark Peizer

Business Listed By:
Mark Peizer

Peizer Commercial Real Estate

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