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#1326
Seattle Metro

I-90 Bar and Grill with Option to Purchase 37.5 View Acres

$159,000
Sold
 I-90 Bar and Grill with Option to Purchase 37.5 View Acres
This Listing is Sold
Selling Restaurants presents this great location golf course restaurant close to skiing and new upscale mega casino. This newly remodeled bar and grill had gross sales of over $274,000 during June, July, and August of 08! The restaurant currently has no I-90 signage but is pre-approved. Adding I-90 signage could dramatically increase sales. The 2,400 sq ft golf course restaurant with beautiful craftsmanship is the only restaurant off of the exit and is at the mouth of a busy residential and recreational community. It was remodeled from scratch in the spring of 08 and includes a great hood system, grease trap, large walk in cooler with 8 beer taps, large walk in freezer located outside to provide more room for the state of the art kitchen with excellent appliances and equipment. All furniture, fixtures, and equipment are included in the sale. The restaurant is currently closed for the winter. There is also an option to purchase the building and 37.5 mountain view acres including a 9 hole golf course. Call broker for more details. 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

Lease

Region:
Seattle Metro
Lease Term:
New 5 Year Lease + 5 Year Option
Total Monthly Rent:
$4,500
Security Deposit:
$10,000

Financials

Last Year's Rent %:
7

Operations

Liquor License:
Hard
# of Full-Time Employees:
7
Hours Open:
Tue-Fri 3-9, Sat-Sun 7-9:30
Year Established:
2008
Hood System Type 1:
Yes

Facilities

Indoor Seating:
100
Outdoor Seating:
40
# of Parking Spots:
50
Inside Sq. Ft.:
2400
Outside Sq. Ft.:
1000

Highlights

  • Top of the Line Furniture, Fixtures, & Equipment Included in the Sale
  • Located Directly Off I-90
  • Golf Course Restaurant
  • Option to Purchase 37.5 Mountain View Acres Including 9-Hole Golf Course
  • Newly Remodeld 2,400 SQ FT Restaurant
  • Lease is Only 4,500 a Month!
  • 25 Minutes Away from Ski Mountain
  • On the Same Road as Beautiful Mountain Lake
  • Hiking, Skiing, & Fishing Nearby
  • Close to New Casino
  • Near Seattle
  • Only Restaurant Off Busy I-90 Exit

Financing

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

Demographics

Population 5-mi
2014 Total Population 13,648
Households 5-mi
2010 Number Of Households 5,192
2010 Persons Per Household 2.66
Median House Value $368,300
Income Per Household $88,906
Businesses 5-mi
2009 Number Of Businesses 401
2012 Number Of Employees 6,104
2012 Total Annual Payroll $91,460,000

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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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