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#1154
Seattle Restaurants For Sale

Low Lease Restaurant Located in Busy Lynwood Retail District

$99,900
Low Lease Restaurant Located in Busy Lynwood Retail District
This Listing is Expired
This almost brand new restaurant has been open a little over a year and has been making good progress. The Seattle Times recently wrote up a very complimentary review. The space is nearly 1,100 sq ft and has a large open kitchen. All of the top quality commercial equipment including grill, hood, 4 compartment cooler, grease trap, deep fryers, professional catering boxes, etc. are included in the asking price! The good gas mileage new model Scion catering and delivery van with company logo is also included. The owners have recently tested low cost advertising campaigns for dine in and delivery that have doubled sales at times. The owners wish that they could continue to build on their early success but due to unforeseen circumstances they are no longer able to focus on the restaurant the way they want to. The owners have established a relationship with a large grocery store chain to open over thirty stores with large kitchens and dining areas at the entrances of the stores for incredibly low NNN leases. Their first restaurant inside a grocery store recently opened and is just starting to take off and is also available for separate purchase. This is priced for Immediate Sale. Bring All Offers!

This is an Add Value Alliance, Inc. listing.
Agent - SEO Management John Powers DRE License #WA # 100306

Lease

Region:
Seattle Restaurants For Sale
Lease Term:
Expires Feb 2012 + 5 year option
Total Monthly Rent:
$1,560
Security Deposit:
$2,000

Operations

# of Full-Time Employees:
4
# of Part-Time Employees:
2
# of Family Employees:
1
Hours Open:
11AM - 9PM, 7 Days a Week
Year Established:
2007
Hood System Type 1:
Yes

Facilities

Indoor Seating:
12
Inside Sq. Ft.:
1,050

Highlights

  • New Model Scion Catering & Delivery Van
  • Top of the line Commercial Kitchen Equipment Great for Any Food Concept!
  • Low Lease Rate!
  • Large 4 Compartment Walk in Cooler
  • Open Kitchen
  • High Quality Build Outs, Funiture, Fixtures, & Equipment
  • 4 Professional Catering Boxes
  • Only Food Establishment in Shared Parking Lot with Bank, Beauty Salon, Furniture Store, etc.
  • Located in Busy Retail District
  • Just off of I-5 Corridor
  • 15 Miles from Downtown Seattle
  • Trade Name, Recipes, & Logo Included in Sale!

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 38,103 123,147 325,735
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 13,643 46,333 116,792
2010 Persons Per Household 2.61 2.54 2.53
Median House Value $316,600 $312,902 $336,323
Income Per Household $64,738 $65,251 $74,108
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,443 3,530 7,613
2012 Number Of Employees 32,444 80,302 152,336
2012 Total Annual Payroll $622,838,000 $1,649,068,000 $3,414,871,000

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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