$4,300,000
Hip American Tavern! 3 Successful Locations!
Listing Type: Business Opportunity
Category: Food And Beverage
Status: Available
CBA ID#: 673289
000 000
Capitol Hill, WA 98122
Commercial Property

Marketing Description:

Each store has its own individual “cool” charm. Best Burgers, Beer, and Cocktails!
Three Full Service Restaurants and Bars with Type I hoods.
Prime location: Heart of Capital Hill, Downtown Bellevue, and South Lake Union. Established in 2010
With a Vibrant Setting, Convivial Ambiance, and Hip American Tavern Concept

2023 Gross Sales: $5,992,351
2022 Gross Sales: $5,398,080
2021 Gross Sales: $4,363,305.71

Listing Agent Remarks:
Each store has its own individual “cool” charm. Best Burgers, Beer, and Cocktails!
Three Full Service Restaurants and Bars with Type I hoods.
Prime location: Heart of Capital Hill, Downtown Bellevue, and South Lake Union. Established in 2010
With a Vibrant Setting, Convivial Ambiance, and Hip American Tavern Concept

2023 Gross Sales: $5,992,351
2022 Gross Sales: $5,398,080
2021 Gross Sales: $4,363,305.71

Use Discretion: Yes

Showing Instructions: All Potential Buyers Must sign the NDA

Included in Price:

  • Real Property: No
  • Inventory Included: Yes
  • Fixtures/Equipment: Yes
  • Phone System: Yes
  • Trade Name: No
  • Excluded Items: No

Financials:

  • Operating Income: $3,766,174
  • Operating Expense: $3,284,363
  • Net Profit: $481,811
  • Monthly Rent: 6772
  • Monthly NNN: 1779
  • Docs With Offer: No
  • YTD Statement: Unknown

Seller Terms:

  • Seller Terms: Yes
  • All Cash: Yes
  • Percent Interest: 0.00

Property Features:

  • Catagory: Food And Beverage
  • Leaseable SqFt: 2450
  • Includes Living Space: No

Business Features:

  • Ownership Type: LLC
  • Hours: 11?AM–12?AM
  • Days Open: 7
  • Seating: 174
  • FT Employees: 7
  • PT Employees: 7
  • Year Established: 2010
  • Why Selling: Owner Has Other Interest

Licenses:

  • Beer/Wine: Yes
  • Gambling: No
  • Professional: Unknown
  • Class H: Yes
This Listing Supplied Courtesy of Vantage Commercial Partners
Information is based on data available to the associate, including county records.
The information has not been verified by the associate and should be verified by the buyer.
Properties with the CBA logo are listed by the Commercial Brokers Association
The associate of this site is not a multiple listing service but is a member of a local MLS.
Equal Housing Opportunity