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#1185
Seattle Metro

Full Service Waterfront Restaurant

$175,000
Sold
Full Service  Waterfront Restaurant
This Listing is Sold

SellingRestaurants presents this large waterfront restaurant located on one of the busiest streets in the city. The restaurant provides customers easy access by car or boat with a private parking lot and private boat dock. When the place gets busy customers can relax in the spacious entrance way with water feature or they can go outside and enjoy the activities of the public park located next door. Diners enjoy great views of Lake Washington and the downtown Seattle Skyline. The dining area is tiered in design and allows every table in the restaurant a view of the water. Take advantage of this rare chance to own a waterfront restaurant without having to pay the million dollar price.

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:
Expires Dec 31st 2010 + 5 yr Options
Total Monthly Rent:
$7,500

Financials

Last Year's Annual Gross:
$645,800

Operations

Liquor License:
Hard
# of Full-Time Employees:
3
# of Part-Time Employees:
9
# of Family Employees:
1
Hours Open:
Mon-Fri 4:30PM to 10:00PM
Sat 5:00PM to 10:00PM
Sun 5:00PM to 9:00PM
Year Established:
2005
Hood System Type 1:
Yes

Facilities

Indoor Seating:
120
# of Parking Spots:
33
Inside Sq. Ft.:
4100

Highlights

  • Every Seat in the Restaurant has a View of Lake Washington
  • 4100 SQ FT Free Standing Building Just Feet from the Water
  • Private Boat Dock for Restaurant Guests
  • Low 7500 Per Month Base Lease
  • Private Parking Lot
  • Classic Full Service Bar
  • Busy Waterfront Neighborhood
  • Great Views of Lake Washington & Seattle Skyline
  • Kitchen Designed for Large Volume
  • Spacious Entrance Area with Water Feature
  • Huge Potential to Grow by Adding Breakfast & Lunch Hours!
  • Rare Seattle Area Waterfront Restaurant Opportunity

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 36,592 85,708 318,665
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 15,249 32,140 124,779
2010 Persons Per Household 2.22 2.29 2.29
Median House Value $528,300 $442,426 $514,068
Income Per Household $103,250 $89,816 $84,554
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,720 3,032 13,421
2012 Number Of Employees 44,950 78,936 514,404
2012 Total Annual Payroll $1,680,488,000 $2,624,099,000 $4,294,967,295

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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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