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#693
Seattle Metro

Turn-Key BBQ Located Walking Distance From University of Washington

$130,000
Sold
Turn-Key BBQ Located Walking Distance From University of Washington
This Listing is Sold
This great BBQ place is located within walking distance from the University of Washington. The restaurant is only a year old and the equipment is like-new. The restaurant is 3800 sq. ft. with inside seating for 158. There is city parking available in front of the restaurant. Rent is $4,400 per month. There is 7 years, 7 months left on the lease with (1) five year option. This restaurant needs a new concept and a new team to make it successful. THe kitchen is loaded with 18' Exhaust Hood, 8' X 9' Walk-in Freezer and Walk-in Cooler, Grease Trap, 60" Flat Top Grill, Two Basket Fryers, Southern Pride Smoker, and Confectionery Oven, and three 50" Hitachi Widescreen TVs. Great opportunity for an owner/operator to walk right into a business that is operational without initial build out costs, staffing and time delays. Take the next step and complete the online confidentiality agreement and you�ll be provided with the restaurant name and address. Also you will be given priority notification to new listings in the future, prior to the general public, giving you the best chance to �scoop in� the best opportunities. There are also more photos available to our registered buyers.This is a Paramount Restaurant Brokers, Inc. DBA SellingRestaurants.com listing.
Broker Mel Jones DRE License #CA00893362 and AZ BR634507000

Lease

Region:
Seattle Metro
Lease Term:
7.5 yr remaining + 5 Option
Total Monthly Rent:
$4,400
Security Deposit:
$6,085

Operations

Liquor License:
B
# of Full-Time Employees:
2
# of Part-Time Employees:
7
# of Family Employees:
1
Hours Open:
M-Sun 11am - 10pm
Year Established:
2005
Hood System Type 1:
Yes

Facilities

Indoor Seating:
158
Inside Sq. Ft.:
3800

Highlights

  • Turn-Key BBQ Restaurant.
  • Conveniently located within walking distance from University of Washington.
  • Great quality leasehold improvements!.
  • Beer & Wine Liquor License.
  • Restaurants Seats 158 in ~2,000 usable square feet.
  • Flat Lease is $4,400 per month.
  • Other Features Include three 50" Hitachi Widescreen TVs
  • Southern Pride Smoker and 18' Hood
  • Easily Repurpose to Your Own Concept.

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No
This Listing is Sold

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 37,541 134,099 486,872
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 15,939 60,628 218,842
2010 Persons Per Household 2.18 2.06 1.96
Median House Value $613,900 $558,545 $492,787
Income Per Household $45,560 $73,640 $70,980
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,262 3,851 23,890
2012 Number Of Employees 46,258 94,356 849,160
2012 Total Annual Payroll $1,069,845,000 $2,262,533,000 $4,294,967,295

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Disclaimer

Notice: The User (that's you reading this) of this Website understands that Paramount Restaurant Brokers, 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 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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