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#1011
Seattle Restaurants For Sale

Great Location Large Turn Key BBQ Restaurant w/Beer and Wine or Convert!

$129,000
Great Location Large Turn Key BBQ Restaurant w/Beer and Wine or Convert!
This Listing is Expired
This beautifully designed western themed BBQ restaurant was built brand new about two and a half years ago. Everything was custom built with top of the line materials and appliances making the kitchen a chef or cooks dream. This restaurant could be converted to a new concept or remain a BBQ place. The dining area is well laid out with floor to ceiling windows and beautiful furniture. The business is located on the corner lot of a shopping center allowing ample outdoor seating in the front and on the side. There are many things that a new owner could do to increase revenue. Hours of operation could be expanded to include Sundays as well as breakfast hours 7 days a week. The business is set up for catering but there has been little focus in this area. A new owner could market to all of the wedding activity in the area and possibly generate much more income. The restaurant is located at the mouth of the main shopping center in town and sees a high traffic flow pass by daily. This is a great bargain! The listing price is less than what it would cost to build out a place similar to this.

Please select the orange button below to get the name and address along with more photos. Just follow the process after selecting the button.

This is not a Paramount Restaurant Broker, Inc. Listing. Larry Braden is the listing broker and is licensed in Washington State.
Agent - SEO Management John Powers DRE License #WA # 100306

Lease

Region:
Seattle Restaurants For Sale
Lease Term:
Expires Sept 2008 with 3yr, 5yr, or 7yr option
Total Monthly Rent:
$2,077

Financials

Last Year's Annual Gross:
$325,000
Last Year's Payroll Cost %:
40

Operations

Liquor License:
H
# of Part-Time Employees:
11
Hours Open:
Monday through Saturday
11AM-8PM
Year Established:
2006
Hood System Type 1:
Yes

Facilities

Indoor Seating:
40
Outdoor Seating:
8
# of Parking Spots:
20
Inside Sq. Ft.:
1,558
Outside Sq. Ft.:
200

Highlights

  • State of the Art Kitchen and Appliances
  • Newly Built
  • Class One Commercial Hood
  • Commercial Applewood Smoker
  • Class H Beer and Wine Liquor License
  • Turn Key Operation
  • Corner Lot Location
  • Plenty of Parking
  • Outdoor Seating
  • Excellent Catering Potential
  • Furniture, Fixtures, and Equipment Included in the Asking Price
  • Exceptional Custom Buildouts

Financing

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

Demographics

Population 3-mi. 5-mi
2014 Total Population 29,107 31,946
Households 3-mi. 5-mi
2010 Number Of Households 11,716 13,759
2010 Persons Per Household 2.50 2.48
Median House Value $318,700 $311,995
Income Per Household $71,410 $69,730
Businesses 3-mi. 5-mi
2009 Number Of Businesses 862 938
2012 Number Of Employees 17,698 20,190
2012 Total Annual Payroll $422,786,000 $468,966,000

click for more demographic info

Disclaimer

DISCLAIMER: The User (that's you reading this) of this Website understands that Stone Path Brokerage Services, Inc. ("Broker") or its agent(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 addition to seeking professional advice from an attorney as well as a CPA.  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 (if included in the sale), 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. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings.  Any decision by User to purchase the Business shall be based solely on User's own investigation and the 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 and User should often review the listing on the website to keep up to date.

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