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RESTAURANT FOR SALE
Seattle Bar and Grill For Sale
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This profitable corner location bar and grill is located in a busy shopping center with neighbors including hotels, grocery, and various retail. Possible Seller Financing Terms available! The classic decor inside provides comfort in style with 10 copper top custom built booths, 20 copper top tables, top of the line chairs, picture windows, and attractive flooring. The beautiful wood bar is a great place to relax and watch sporting events on two big screen tv's. The bar also includes five copper top tables, an eight draft keg cooler, and a bottled beer cooler. The kitchen is a chef's dream and includes a walk in cooler, walk in freezer, 18 ft stainless steel type one hood, wolf broiler, wolf flat top, six burner oven, two deep fryers, six ft Asian wok table and much more. In 2007 the restaurant made a net profit of over $129,000! The 2008 numbers are expected to be similar and should be available by mid February. Jump right in and take over this successful turn key bar and grill.
This is an Add Value Alliance, Inc. listing.
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General Information
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| Listing Status: |
Available |
| Price: |
$399,000 |
| Location: |
Washington St. Seattle Area Restaurant for Sale |
| Last Year's Annual Gross: |
$714,847 |
| Last Year's Adjusted Net: |
$129,044 |
| Lease Information: |
Expires May 2014 + 5 YR Option |
| Monthly Rent: |
$5,676 |
| Liquor License: |
H |
| Indoor Seating: |
104 |
| # of Part-Time Employees: |
12 |
| # of Full-Time Employees: |
4 |
| Hours Open: |
M-F 10AM-10:30PM, Sat-Sun 10AM-Close |
| Year Established: |
1994 |
| Inside Sq. Ft.: |
2992 |
| Hood System: |
Yes |
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Highlights
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- Anchor Restaurant Located in Busy Shopping Center
- Neighboring Two Hotels
- Corner Location
- Complete Review of Financials Upon Making an Offer
- Class H Liquor License
- 18 Ft Stainless Steel Type One Hood
- 50 inch and 62 inch HD Televisions
- 25 Copper Top Tables
- 10 Copper Top Custom Booths
- Two Micros POS systems!
- Eight Draft Beer Keg Cooler
- Possible Seller Financing Terms Available
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The information contained in this offering profile was provided by the Seller and is believed to be accurate. Selling Restaurants has not verified the information and therefore makes no representations or warrantees as to its accuracy or completeness. This profile is subject to the Confidentiality Agreement and Disclaimer as agreed to and acknowledge by the Buyer. Please note: (1) Sq. ft. is estimated (2) Adj. Net represents the last year's owner's cash flow (3) Annual Payroll is last year's and does not include any owner wages.
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