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#2023
Seattle Restaurants For Sale

Opportunity to Own 2 Espresso Locations all for the Price of One

$121,600
Opportunity to Own 2 Espresso Locations all for the Price of One
This Listing is Expired
Selling Restaurants presents two Espresso locations in Kitsap County. The first location is a full service kitchen certified operation. Sit down and relax while you are shopping, enjoy a specialty drink, maybe pick up some to go merchandise. The business is inside a major mall where foot traffic is not a problem. The mall is putting in a Hales Ales restaurant immediately across from this location and that will only increase the exposure to the store.The landlord has just offered a space 2 spaces down, 3 times the size, same rent for new owner. Seller also says numbers are up 12% from last year. This location serves espresso, chai tea, sandwiches, salads and bagels and they are all made on site. It comes fully equipped with everything you need.

The second location is in an office building and has been there for many years. It has limited Monday through Friday daytime hours so it is a very easy to run location. It comes with a little seating area and a full service espresso bar. Has a two groupe espresso machine and 100% self contained cart.

The owner is in the middle of Franchise stages so it would be a steal to pick these up before they go into the franchise price.

Take a look, give me a call.

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

Lease

Region:
Seattle Restaurants For Sale
Lease Term:
Negotiable Permanent Lease Available
Total Monthly Rent:
$1,430
Security Deposit:
$1

Financials

Last Year's Annual Gross:
$227,367
Last Year's Food Cost %:
27
Last Year's Payroll Cost %:
24
Last Year's Rent %:
7.5%

Operations

# of Full-Time Employees:
1
# of Part-Time Employees:
6
Hours Open:
Mon to Sat 9am to 9 pm
Sunday 10-6

2nd Location
Monday -Friday 7 am to 2 pm
Year Established:
2001

Facilities

Indoor Seating:
8
# of Parking Spots:
100
Inside Sq. Ft.:
492

Highlights

  • Location one is full service espresso and lunch bar
  • Location two is a self contained espresso cart
  • She has sweet deals with the landlords
  • Own 2 locations instantly
  • Both locations come fully equipped with everything
  • Espresso and Chai machines, Blenders, Carts, Registers, Refrigeration, display units, couches
  • Well known name and great revenue generator
  • Beautiful use of Branding
  • Can be run as is, or with an owner/operator, Current owner does not work these stores
  • Busy season is NOW, 4th Quarter, hurry in
  • Landlord just offered a space 2 doors down , 3 times the size, same rent, space available would be 1300 sq ft

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 6,423 25,982 85,227
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 2,953 11,205 34,105
2010 Persons Per Household 2.18 2.22 2.45
Median House Value $176,807 $204,861 $220,973
Income Per Household $39,863 $45,721 $55,850
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 199 616 1,582
2012 Number Of Employees 4,460 16,238 35,232
2012 Total Annual Payroll $79,795,000 $333,777,000 $595,126,000

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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