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#3234
Downtown Seattle

Trendy Bar and Restaurant For Lease in Heart of Seattle

$21
Trendy Bar and Restaurant For Lease in Heart of Seattle
This Listing is Expired

This is a high density location in the Heart of a Popular Busy Downtown Seattle neighborhood.


This is an Add Value Alliance, Inc. DBA Washington Brokers listing.

President, PRB Inc. & BBMT, Inc. Mel Jones

Lease

Region:
Downtown Seattle
Lease Term:
New Negotiable
Total Monthly Rent:
$4,393
Security Deposit:
$4,393

Financials

Last Year's Annual Gross:
$282,066
Last Year's Food Cost %:
37
Last Year's Payroll Cost %:
24
Last Year's Rent %:
9

Operations

Liquor License:
H
Hood System Type 1:
Yes

Facilities

Indoor Seating:
40
Outdoor Seating:
12
Inside Sq. Ft.:
2,510

Highlights

  • Popular Downtown Seattle Neighborhood
  • Lots of Car and Foot Traffic
  • Built into and nearby many multi-family units and businesses
  • Landlord offering $10.45 per sf tenant improvement allowance
  • Kitchen area large enough for catering
  • Outdoor seating is available
  • Former bar area has lots of convenient hook ups
  • 70' of Retail Frontage on High Traffic Street
  • Conveniently located on street near several business lines

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 27,491 144,701 402,235
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 16,010 74,814 185,883
2010 Persons Per Household 1.33 1.60 1.91
Median House Value $416,247 $443,217 $476,719
Income Per Household $52,014 $58,789 $65,270
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 4,180 11,585 19,418
2012 Number Of Employees 201,002 534,102 714,536
2012 Total Annual Payroll $4,294,967,295 $4,294,967,295 $4,294,967,295

click for more demographic info

Disclaimer

 

Notice: The information contained in this offering profile was provided by the Seller and is believed to be accurate. Charter Business Brokers and its affiliates such as WABrokers has not verified the information and therefore makes no representations or warrantees as to its accuracy or completeness. The User (that's you reading this) of this Website understands that Charter Business Brokers ("Broker") or its broker (s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it.  In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User.  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 last year's estimated owner's cash flow (3) Annual Payroll is last year's and does not include any owner wages.

This is a "Charter Business Brokers" Listing.



 


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