$75,000
Hawaii BBQ & Noodle House
Listing Type: Business Opportunity
Category: Food And Beverage
Status: Pending
CBA ID#: 640270
3212 Northwest Ave
Bellingham, WA 98225View Map
Commercial Property

Marketing Description:

Great business opportunity for SALE! The restaurant has been in business for more than 20 years and has many loyal customers. Excellent high-traffic location within the Park Manor Shopping Center. Approximately 10,000 Apartment complexes/buildings, units, and home residents within a one-mile radius and served by public bus line and near I-5 Exit 257 with potential drive-by customers. The restaurant currently does not provide delivery services (Uber Eats, DoorDash,...etc.) and drive-thru service (window available). Therefore it has great potential to grow/expand your business!

Listing Agent Remarks:
Showing time: Monday-Friday, 9 AM-10 AM; 2 PM-4 PM. The current monthly rent is $1,800 plus a $600 management fee (trash, water,…etc.). The lease term is 5 years and the new owner can take over the current lease (about 4.5 years left) or sign the new lease with the management. The square footage is approx. 1,400 Sq.ft.

Use Discretion: No

Showing Instructions: Available Showing Times: Mon-Fri 9am-10am; 2pm-4pm

Included in Price:

  • Real Property: No
  • Inventory Included: No
  • Inventory Value: 5000
  • Fixtures/Equipment: Yes
  • Fixtures/Equipment Details: 133500
  • Phone System: No
  • Trade Name: Yes
  • Excluded Items: No

Financials:

  • Operating Income: $144,000
  • Operating Expense: $64,500
  • Net Profit: $79,500
  • Docs With Offer: No
  • YTD Statement: Unknown

Seller Terms:

  • Seller Terms: No
  • All Cash: Yes

Property Features:

  • Catagory: Food And Beverage
  • Parking: 10 Spaces
  • Leaseable SqFt: 1400
  • Includes Living Space: No

Business Features:

  • Ownership Type: LLC
  • Year Established: 2000

Licenses:

  • Beer/Wine: Unknown
  • Gambling: Unknown
  • Professional: Unknown
  • Class H: Unknown
This Listing Supplied Courtesy of Vanson Associates
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