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$2,350,000
Undisclosed
Listing Type: Business Opportunity
Category: Food And Beverage
Status: Available
CBA ID#: 680013
0000 charming neighborhood undisclosed
Seattle, WA 0
Commercial Property

Marketing Description:

A rare opportunity to purchase a pair of highly profitable European style legacy restaurants in a highly desirable Seattle Area.

Larger restaurant seats up to 85 guests with a 20 seat bar with a private patio for outdoor dining for additional 35 seats. Smaller Restaurant seats slightly less on two floors with views of downtown and the water.

Price includes two iconic brands, leasehold interest, all FF&E, recipes, and trade names.

Combined total sales of nearly $3.3M
Monthly lease $11,908
Lease expires June 30, 2026, plus 2 five year options

NDA and discretion required

Use Discretion: Yes

Showing Instructions: NDA and discretion required

Included in Price:

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

Financials:

  • Operating Income: $3,300,000
  • Operating Expense: $2,676,671
  • Net Profit: $623,329
  • Monthly Rent: 11908
  • Docs With Offer: Yes
  • Profit/Loss Years: 5
  • Schedule C Years: 3
  • Balance Sheet Years: 3
  • YTD Statement: Yes

Seller Terms:

  • Seller Terms: No
  • All Cash: No

Property Features:

  • Catagory: Food And Beverage
  • Leaseable SqFt: 6432
  • Includes Living Space: No

Business Features:

  • Ownership Type: Corporation
  • Hours: 4-10
  • Days Open: 7
  • Seating: 210
  • FT Employees: 26
  • PT Employees: 18
  • Year Established: 1992

Licenses:

  • Beer/Wine: Yes
  • Gambling: Unknown
  • Professional: Unknown
  • Class H: Yes
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This Listing Supplied Courtesy of Kidder Mathews
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.
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