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Listing #5149

Turn-key Restaurant and Bar - Solid Revenue for Sale Downtown Seattle

Price: $199,000
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Turn-key Restaurant and Bar - Solid Revenue for Sale Downtown Seattle

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Rare Find!  This is a turn-key full-service restaurant and bar with solid revenue of approx. $1M per year in the heart of the hustle and bustle in downtown Seattle.  This is a high-profile corner location on First Hill.  The seller must focus entirely now on his fast-growing technology business so his loss is your gain as you step right into a turn-key business with solid revenue for a fraction of the cost of starting something new.  You may continue the Asian cuisine or bring your own concept to this high traffic location.  With 4,000 square feet and two Type I hood systems, there is plenty of room to grow the business which can already hold 150 customers at full capacity.  

 

This is a GSRE, LLC d/b/a Charter Business Broker listing with permission to advertise on SellingRestaurants.com 


This is a Add Value Alliance, Inc. listing.
Founder Lawrence Braden
   
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General Information Highlights
Listing Status: Available
Price: $199,000
Location: Seattle and Greater Puget Sound
Last Year's Annual Gross: $1,000,000
Lease Information: 5 Year plus 5 year option, original expires 2018
Monthly Rent: $5,500
Liquor License: H
Indoor Seating: 150
Number of Parking Spots: Street
# of Part-Time Employees: 2
# of Full-Time Employees: 12
# of Family Employees: 1
# of Working Owners: 1
Year Established: 2013
Inside Sq. Ft.: 4000
Hood System Type 1: Yes
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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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