$240,000
Pepper Sisters
Listing Type: Business Opportunity
Category: Retail
Status: Available
CBA ID#: 676104
1055 N State St
Bellingham, WA 98225View Map
Commercial Property

Marketing Description:

Welcome to Pepper Sisters, a beloved and iconic mainstay of Bellingham since 1988! Known for its delicious New Mexico-NW fusion dishes and quirky Pueblo-Contemporary aesthetic, the business has loads of goodwill and loyalty from their faithful customer base. Located on a main downtown street, the frontage gets plenty of exposure from both car and foot traffic. Features: Kitchen and equipment as clean as a whistle, newly renovated bar, recent upgrades to the HVAC, wheelchair accessible restrooms and dining room with 85 person capacity, a patio that seats up to 60, and an aesthetically curated social media presence…This opportunity is ready for you to walk in and start generating revenue. Plus, untapped potential to move into the lunch space!



Listing Agent Remarks:
Current owner has handshake agreement with neighboring auto shop to use their parking after 5pm and on weekends. Bathroom hallway is shared with neighbor in the building, Story Tattoo. Bathrooms and store room have keyless locks with keypads.

Use Discretion: No

Showing Instructions: Call listing Broker

Included in Price:

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

Financials:

  • Operating Income: $621,266
  • Operating Expense: $473,111
  • Net Profit: $148,155
  • Monthly Rent: 3000
  • Monthly Equipment Rental: 240
  • Docs With Offer: Yes
  • YTD Statement: Yes

Seller Terms:

  • Seller Terms: No
  • All Cash: Yes

Property Features:

  • Catagory: Retail
  • Leaseable SqFt: 1500
  • Includes Living Space: No

Business Features:

  • Ownership Type: S Corp
  • Hours: 4-9
  • Days Open: 5
  • Seating: 145
  • FT Employees: 4
  • PT Employees: 8
  • Year Established: 1988
  • Why Selling: Retiring

Licenses:

  • Beer/Wine: Yes
  • Gambling: No
  • Professional: No
  • Class H: Yes
This Listing Supplied Courtesy of Keller Williams Western Realty
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