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#2005
Seattle Restaurants For Sale

Quaint Sandwich and Pastry Shop in Beautiful Downtown Olympia

$64,500
Quaint Sandwich and Pastry Shop in Beautiful Downtown Olympia
This Listing is Expired
Selling Restaurants presents a unique opportunity with this sandwich and pastry shop in the heart of historic downtown Olympia. This quaint shop is blocks from the Capitol campus which houses thousands of state employees and the Legislature. It is half a block from Sylvester Park, the Washington Center, Capitol Lake, banks, boutiques and businesses that host numerous events, concerts, parades and fairs in this vibrant downtown.

Business offers a wide array of specialty sandwiches, salads, soups, scones, pastries, pies, chocolates, cakes and desserts. Wholesale deliveries to several local cafes and restaurants provide a steady income stream with more potential for growth. Increased sales and profits each year as well as a very loyal customer base.

User reviews with an average of 5 stars. Here are some of the things they have to say:
** “Wow. Absolutely delicious sandwiches served on the most amazing scones I have ever eaten. (Business) has quickly shot up to the top of my Olympia list for unique sandwiches and awesome baked goods after only one visit.”
** “Phenomenal. No complaints. No criticisms. The damn this could have turned my frown upside down.”
** “There isn't a single scone they offer that isn't truly fabulous - the sweet as well as the savory.”
** “Every little thing about this place I love. From me to you it's a little hidden gem waiting to be discovered.”.

Wide array of equipment and versatile kitchen allows you to expand menu offerings. Catering, wedding cakes, increased wholesale distribution and offering specialty cakes are just some of the endless possibilities. Amazing untapped potential. A “must see.”

This is an Add Value Alliance, Inc. listing.
Agent Mary Keller Wynn

Lease

Region:
Seattle Restaurants For Sale
Lease Term:
2 year lease
Total Monthly Rent:
$900
Security Deposit:
$900

Financials

Last Year's Annual Gross:
$83,436

Operations

# of Full-Time Employees:
1
# of Part-Time Employees:
1
# of Family Employees:
1
Hours Open:
Tues - Friday 9 am to 5:30 pm
Saturday 9 am to5 pm
Year Established:
2006
Hood System Type 1:
Yes

Facilities

Indoor Seating:
2
Outdoor Seating:
4
# of Parking Spots:
1
Inside Sq. Ft.:
900

Highlights

  • Base Rent Very Low for the Area /$900
  • Owner is a top graduate of the acclaimed Western Culinary Institute of Portland, Oregon
  • Retail/Wholesale bakery offering Handcrafted pastries, desserts, chocolate confections
  • Convection Oven, 60 Qt Mixer, 12 Qt mixer
  • Kitchen Aid - 5 Qt, Dual View Refrigerated Display Case
  • Chocovision REvolation 3210 Chocolate tempering Machine
  • Area is a retail haven with neighbors like Starbucks and the Governors Hotel
  • The storefront is authentic bakery and absolutely adorable
  • Learn from the owner himself to create your own vision and beauty
  • Well laid out, plenty of street parking
  • Lunch crowd is growing all the time
  • Sales went up in 2009

Financing

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

Demographics

Population 3-mi. 5-mi
2014 Total Population 40,297 78,534
Households 3-mi. 5-mi
2010 Number Of Households 16,111 30,875
2010 Persons Per Household 2.35 2.38
Median House Value $271,500 $244,387
Income Per Household $66,729 $62,608
Businesses 3-mi. 5-mi
2009 Number Of Businesses 1,366 2,075
2012 Number Of Employees 28,774 49,840
2012 Total Annual Payroll $567,599,000 $970,635,000

click for more demographic info

Disclaimer

DISCLAIMER: The User (that's you reading this) of this Website understands that Robert Lee Tade. ("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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