$200,000
Undisclosed Mediterranean Restaurant
Listing Type: Business Opportunity
Category: Food And Beverage
Status: Available
CBA ID#: 654934
000 Undisclosed St.
Seattle, WA 98121
Commercial Property

Marketing Description:

Owner retirement opens an opportunity with this 85-seat full-service restaurant in a strategic section of Seattle, close to iconic Pike Place Market and bustling Belltown. Business has been and continues to be a successful operation for over 20 years.

Location is such that there are multiple large corporations within a 1-mile radius, plus the Convention Center, Seattle Center, Cruise Terminal and the residential area for high income single professionals that often dine out.

Step in and make money right away with no changes. Increase sales and profit with a few changes such as adding a nightlife concept after dinner, catering, or corporate events during the day. This high visibility corner location can't be beat in terms of potential. A must see.

Listing Agent Remarks:
Singed NDA required for detailed information and viewing of restaurant

Use Discretion: Yes

Showing Instructions: Non-Disclosure required for showing

Included in Price:

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

Financials:

  • Operating Income: $600,000
  • Operating Expense: $420,000
  • Net Profit: $180,000
  • Monthly Rent: 8500
  • Docs With Offer: No
  • YTD Statement: Unknown

Seller Terms:

  • Seller Terms: No
  • All Cash: No

Property Features:

  • Catagory: Food And Beverage
  • Vicinity: Belltown
  • Leaseable SqFt: 2200
  • Includes Living Space: No

Business Features:

  • Ownership Type: Corporation
  • Hours: 5 - 10 pm
  • Days Open: Tue - Sun
  • Seating: 85
  • PT Employees: 10
  • Year Established: 2002
  • Why Selling: Retirement

Licenses:

  • Beer/Wine: Yes
  • Gambling: No
  • Professional: No
  • Class H: Unknown
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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
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