#1987
Seattle Restaurants For Sale
Seattle Restaurants For Sale
Full Service Waterfront Restaurant with Bar & Real Estate-Seller Financing
$1,595,000
In Escrow
In Escrow
WOW! If you're looking for a waterfront restaurant, then you've got to see this beauty! And best of all it included the real estate!
SellingRestaurants is thrilled to present this beautiful full service waterfront restaurant with a full scale bar, just minutes from the San Juan ferries. Watch the ripples in the water as salmon jump out or maybe relax and catch a sunset from any seat in the house.
This restaurant doesn't have one, but TWO outside dining decks that are a real commodity as you can imagine, especially during the summer months. It is the only restaurant in the area on the water. This restaurant is located in the heart of a resort town, as well as commercially strong area. Opportunities like these are rare, especially when you are the only game in town.
This restaurant is 5,300 square feet with a full kitchen, two floors of dining, a banquet room and a full bar. In the summer months the tourist flock to this restaurant for its fresh seafood and ambience; in the winter this is one of the best deep water fishing areas. Google Anacortes and the San Juan Islands and you will understand what the attraction is, beyond the obvious.
Feel free to go have a nice seafood dinner or enjoy a sunday brunch, then call me back and let me know you have fallen in love.
We have good financials and tax returns ready for your review for this business.
This is an Add Value Alliance listing.
click for more demographic info
SellingRestaurants is thrilled to present this beautiful full service waterfront restaurant with a full scale bar, just minutes from the San Juan ferries. Watch the ripples in the water as salmon jump out or maybe relax and catch a sunset from any seat in the house.
This restaurant doesn't have one, but TWO outside dining decks that are a real commodity as you can imagine, especially during the summer months. It is the only restaurant in the area on the water. This restaurant is located in the heart of a resort town, as well as commercially strong area. Opportunities like these are rare, especially when you are the only game in town.
This restaurant is 5,300 square feet with a full kitchen, two floors of dining, a banquet room and a full bar. In the summer months the tourist flock to this restaurant for its fresh seafood and ambience; in the winter this is one of the best deep water fishing areas. Google Anacortes and the San Juan Islands and you will understand what the attraction is, beyond the obvious.
Feel free to go have a nice seafood dinner or enjoy a sunday brunch, then call me back and let me know you have fallen in love.
We have good financials and tax returns ready for your review for this business.
This is an Add Value Alliance listing.
Agent Mary Keller Wynn
Lease
Region:
Seattle Restaurants For Sale
Lease Term:
40 year land lease+28 years remaining
Total Monthly Rent:
$1,050
Security Deposit:
$15,000
Financials
Last Year's Annual Gross:
$928,000
Last Year's Owner's Cash Flow:
$292,000
Operations
Liquor License:
Type H
# of Full-Time Employees:
15
# of Part-Time Employees:
6
# of Family Employees:
4
Hours Open:
11:30 am to 10:00 pm Mon - Sat
10-10 sunday
10-10 sunday
Year Established:
1973
Hood System Type 1:
Yes
Facilities
Indoor Seating:
186
Outdoor Seating:
45
# of Parking Spots:
50
Inside Sq. Ft.:
5,300
Outside Sq. Ft.:
2500
Lot Sq. Ft.:
26000
Total Building Sq. Ft.:
Highlights
- Land Lease Historically low at $1050 a month
- Includes a 40 year land lease with 28 years remaining with a 1.2 million dollar value
- Full Kitchen, gas Grill, Ovens, Stoves, Walk Ins
- Type 2 Hood, Dishwasher, Full Bar
- WATERFRONT, WATERFRONT, WATERFRONT
- Average 900K Annual Sales
- 50 car plus parking lot
- Stand Alone Buiding
- This Restaurant can be marketed more aggressively to increase Number
- Growth Potential unlimited
- Fully operated by Staff
- Wonderful RARE opportunity to own waterfront
Financing
Will SBA Finance:
No
Will Seller Lend To Buyer:
No
Demographics
| Population | 5-mi |
|---|---|
| 2014 Total Population | 21,073 |
| Households | 5-mi |
| 2010 Number Of Households | 9,097 |
| 2010 Persons Per Household | 2.23 |
| Median House Value | $343,600 |
| Income Per Household | $60,369 |
| Businesses | 5-mi |
| 2009 Number Of Businesses | 708 |
| 2012 Number Of Employees | 14,162 |
| 2012 Total Annual Payroll | $357,777,000 |
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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