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#3526
Seattle and Greater Puget Sound

Turnkey Italian Restaurant for Sale with Lake View

$79,500
Sold
Turnkey Italian Restaurant for Sale with Lake View
This Listing is Sold

Don't miss out on the opportunity to own this excellent location Italian restaurant with great views of the lake. This unique and creatively designed restaurant attracts a diverse crowd of people. The restaurant has an open chef kitchen. This place has a great menu with over 15 different home-made pastas and has good selection of 26 different Italian wine  and more local wines. ( beer and wine license already established) This restaurant has an amazing reputation with locals who love to come frequently for late lunch or dinner to have deliscious fresh Italian food and fine wine. You can potentially fill this place with over 40 seats for several turns an evening.

 

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

This is a Add Value Alliance, Inc. listing.
Founder Lawrence Braden

Lease

Region:
Seattle and Greater Puget Sound
Lease Term:
5 yr + 5 remaining
Total Monthly Rent:
$3,400

Operations

Liquor License:
B&W
# of Full-Time Employees:
5
# of Part-Time Employees:
1
# of Family Employees:
2
Hours Open:
7 days a week from 3pm to 9:30pm
Year Established:
2010
Hood System Type 1:
Yes

Facilities

Indoor Seating:
40
Inside Sq. Ft.:
1,750

Highlights

  • Restaurant is located in a very popular place in Seattle
  • Excellent choice to have late lunch or dinner
  • The prices are fairly low for the high qualiy food
  • Happy hour with half off some dishes
  • Very nice view of the lake from window, especially sunset
  • Two very large prep tables
  • Very large (12 feet) hood system
  • Ice machine is available
  • 2 deep fryers and a large 12 burners stove are in the restaurant
  • There is up to $40,000 of monthly sales
  • High density neighborhood with heavy traffic
  • Great place for birthday parties, to go out with friends or family

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No
This Listing is Sold

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 47,720 196,424 482,727
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 22,724 92,906 222,978
2010 Persons Per Household 2.00 1.90 1.96
Median House Value $478,200 $486,116 $471,143
Income Per Household $75,763 $74,935 $66,938
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,862 7,559 20,744
2012 Number Of Employees 35,780 226,426 691,612
2012 Total Annual Payroll $1,138,139,000 $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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