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Listing #3064

Thriving I-90 Corridor Restaurant Bar and Grill At Footsteps to Northwest Recreation - Over $1 Million Gross Sales!

Price: $50,000
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Thriving I-90 Corridor Restaurant Bar and Grill At Footsteps to Northwest Recreation - Over $1 Million Gross Sales!

This is a great location golf course restaurant close to skiing and new upscale mega casino. This newly remodeled bar and grill had gross sales nearly $1 million its first year! It boasts a beautiful outdoor patio at the footsteps to its links. The addition of I-90 signage has dramatically increased sales over its predecssor. The 2,400 sq ft golf course restaurant with beautiful craftsmanship is the only restaurant off the exit and is at the mouth of a busy residential and recreational community. It was remodeled from scratch in spring 2008 and includes a great hood system, grease trap, large walk in cooler with 8 beer taps, large walk in freezer located outside to provide more room for the state of the art kitchen with excellent appliances and equipment. All furniture, fixtures, and equipment are included in the sale. The menu features flavorful comfort food with fresh local ingredients, and offers full bar, breakfast, lunch, dinner as well as hot food delivered as you golf. Call broker for more details. Since the restaurant is currently closed on Mondays, weekday breakfast, and restricts its event catering activity, there is a considerable opportunity for additional growth.

This is an Add Value Alliance, Inc. DBA Washington Brokers Listing.


This is a Add Value Alliance, Inc. listing.
Founder Lawrence Braden
Sold

General Information
Listing Status: Sold
Price: $50,000
Location: Bellevue ~ Redmond ~ Issaquah ~ Snoqualmie
Last Year's Annual Gross: $1,033,108
Lease Information: New 5 Year Lease + 5 Year Option
Monthly Rent: $5,000
Liquor License: Full
Indoor Seating: 100
Outdoor Seating: 40
Number of Parking Spots: 50
# of Full-Time Employees: 7
Hours Open: Tuesday - Friday open at 11:00, Saturday & Sunday open at 7:00AM for breakfast. ~ CLOSED MONDAY Friday and Saturday open until 10:00PM. Happy Hour is from 4:00-6:00 weekly.
Year Established: 2008
Inside Sq. Ft.: 2400
Outside Sq. Ft.: 1000
Hood System Type 1: Yes
Highlights
  • Thriving Golf Course Restaurant, Bar and Grill

  • Located Directly Off Busy I-90 Corridor Exit with Freeway Signage

  • Restaurant currently has $1 Million Gross Sales Per Year!

  • Great Patio at Footsteps to 9-Hole Golf Course

  • Great Opportunity to Expand Hours and Event Catering

  • Lease is Only 5,000 a Month!

  • Newly Remodeld 2,400 SQ FT Restaurant

  • On the Same Road as Beautiful Mountain Lake

  • Close to Hiking, Skiing, Fishing and New Casino

  • Newer Furniture, Fixtures, & Equipment Included

  • Less than 20 minutes from Bellevue and 30 minutes from Seattle

  • Seller is Highly Motivated for Qualified Buyers



 

Notice: The information contained in this offering profile was provided by the Seller and is believed to be accurate. Charter Business Brokers and its affiliates such as WABrokers has not verified the information and therefore makes no representations or warrantees as to its accuracy or completeness. The User (that's you reading this) of this Website understands that GSRE, LLC dba Charter Business Brokers ("Broker") or its broker (s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the infomation provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it.  In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User.  This profile is subject to the Confidentiality Agreement and Disclaimer as agreed to and acknowledge by the Buyer. Please note: (1) Sq. ft. is estimated (2) Adj. Net represents last year's estimated owner's cash flow (3) Annual Payroll is last year's and does not include any owner wages.

This is a GSRE, LLC dba "Charter Business Brokers" Listing.



 



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