#3011
Seattle Restaurants For Sale
Seattle Restaurants For Sale
European Wine Bar in Upscale Community Near Microsoft
$55,000
SellingRestaurants presents this very classy, eclectic, and meticulous European Wine and Beer Bar in Upscale Community Near Microsoft. This is an exceptional opportunity for a new owner/operator to step right into a turnkey opportunity and turn a profit quickly while minimizing start-up costs. There are more than $145,000 of recent equipment furnishings and this fine establishment grossed more than $135,000 its very first year with year over year revenue increases despite a down economy. A selection of great wines and the best beers. The food selection includes fine dining, tapas, great crepes and soups, cheeses, and more. The seller has decided to retire from restaurants and refocus efforts on their other career efforts. The sellers loss is your gain! The environment is warm and inviting and there is a variety of entertainment offerings that promote a thriving energy in this fine establishment. This wine and beer bar is centrally located in a high traffic corner location that offers great visibility and lots of prime parking in the heart of town.
This is an Add Value Alliance, Inc. listing.
click for more demographic info
This is an Add Value Alliance, Inc. listing.
This is a Larry Braden listing.
Broker Larry Braden DRE License #Wash - 8619 Cal. 01492583 Cal. R.E. DRE # 01492583
Broker Larry Braden DRE License #Wash - 8619 Cal. 01492583 Cal. R.E. DRE # 01492583
Lease
Region:
Seattle Restaurants For Sale
Lease Term:
Expires 10/31/2014 + 5 yr option
Total Monthly Rent:
$2,708
Security Deposit:
$3,569
Financials
Last Year's Annual Gross:
$134,927
Operations
Liquor License:
B&W
# of Full-Time Employees:
2
# of Part-Time Employees:
2
# of Family Employees:
2
Hours Open:
Sunday, Monday Closed
Tuesday 11 am - 10 pm
Wednesday 11 am - 10 pm
Thursday 11 am - 10 pm
Friday 11 am - Late
Saturday 5 pm - Late
Tuesday 11 am - 10 pm
Wednesday 11 am - 10 pm
Thursday 11 am - 10 pm
Friday 11 am - Late
Saturday 5 pm - Late
Year Established:
2003
Hood System Type 1:
Yes
Facilities
Indoor Seating:
60
Outdoor Seating:
20
# of Parking Spots:
12
Inside Sq. Ft.:
1,300
Outside Sq. Ft.:
600
Highlights
- Classy & Eclectic European Wine Bar in Heart of Town
- Located on High Traffic Prime Corner Location
- Fully-equipped turnkey operation includes $145,000 equipment
- Gross sales exceeded $135,000 in its first year with good year over year increases
- Ideal for Unique and Creative Entertainment Offerings
- Award-winning food, live entertainment, and wine selections
- Quick serve offering promotes good turnover
- Great concept for inexpensive but classy entertainment in tough economy!
- Large Outdoor Patio Seating Offers Fun in the Sun
- Recent sales increases rapidly due to teardown and paveover of adjacent gas station
- Option to purchase cost effective upgrades to full bar
- Option to Purchase Adjacent Lot
Financing
Will SBA Finance:
No
Will Seller Lend To Buyer:
Yes
Demographics
| Population | 3-mi. | 5-mi |
|---|---|---|
| 2014 Total Population | 63,948 | 216,624 |
| Households | 3-mi. | 5-mi |
| 2010 Number Of Households | 24,008 | 81,110 |
| 2010 Persons Per Household | 2.42 | 2.38 |
| Median House Value | $465,200 | $461,783 |
| Income Per Household | $99,192 | $92,345 |
| Businesses | 3-mi. | 5-mi |
| 2009 Number Of Businesses | 2,398 | 8,373 |
| 2012 Number Of Employees | 161,508 | 322,712 |
| 2012 Total Annual Payroll | $4,294,967,295 | $4,294,967,295 |
click for more demographic info
Disclaimer
Notice: The User (that's you reading this) of this Website understands that Larry Braden CA License #01492583 and WA License #18058 ("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 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.
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