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RESTAURANT FOR SALE/LEASE
Boutique Restaurant with Gorgeous Views and Cuisine
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SellingRestaurants presents this profitable boutique style restaurant with spectacular views of the water and Cascades. The menu and recipes are included consisting of continental american cuisine prepared with seasonal,locally bought food. Centrally located in the heart of downtown Bellingham this restaurant is housed on the top floor of a 15 story office building near theaters, retail shops, a museum and many other businesses.
Current hours of operation are from 11:00 am to midnight Monday-Friday, 4:00pm to midnight Saturdays and 4pm to 9pm on Sundays. It is truly a beautiful space with great economic potential.
This is an Add Value Alliance, Inc. Listing.
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General Information
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| Listing Status: |
Available |
| Price: |
$400,000 |
| Location: |
Washington-Restaurant-for-Sale-Northern |
| Last Year's Annual Gross: |
$707,776 |
| Last Year's Adjusted Net: |
$119,715 |
| Lease Information: |
6.5 yrs remaining (exp 2016) + 3, 5 yr options |
| Monthly Rent: |
$3,600 |
| Liquor License: |
H |
| Indoor Seating: |
88 |
| # of Part-Time Employees: |
12 |
| # of Full-Time Employees: |
5 |
| Hours Open: |
11:00am - midnight Monday - Friday
4pm - midnight Saturdays
4:00pm - 9:00pm Sundays |
| Year Established: |
2003 |
| Inside Sq. Ft.: |
2500 |
| Hood System: |
Yes |
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Highlights
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- Spectacular views of Puget Sound and the Cascades
- Specialty boutique restaurant
- Located in the heart of downtown Bellingham
- Near theater, shops, museum, and water
- Great menu prepared with fresh, local ingredients
- Great community
- Desired travel destination for shopping and dining
- High population and growing
- Close to LaConnor, Mt. Vernon and Mt. Baker
- Hood one type system, large commercial grade refrigerator and walk in freezer, nice size kitchen.
- Ample storage space and onsite office
- Ample street parking with additional lot parking.
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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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