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#1022
Seattle Restaurants For Sale

2700 SQFT Profitable Breakfast Cafe in Busy Neighborhood off I-5 Corridor

$160,000
2700 SQFT Profitable Breakfast Cafe in Busy Neighborhood off I-5 Corridor
This Listing is Expired
This family Restaurant and breakfast cafe was established in 2001 and has been a local favorite ever since. The restaurant serves a breakfast menu 7 days a week from from early morning to mid afternoon. The restaurant facility is located in a shopping center just a block away form the busy I-5 corridor. There is plenty of room for hungry customers with 2700 sq ft of space and 84 seats. At one time before the current owner took over the restaurant it had a liquor license and served beer. The beer taps are still there! Keep the concept the same and continue the tradition of being a local favorite or try something new in a great location.

Please select one of the orange button below to get the the name and location of this restaurant.

This is not a Paramount Restaurant Broker, Inc. Listing and Paramount Restaurant Brokers, Inc. assumes no liability for this ad or its content. Larry Braden is the listing broker and is licensed in Washington State.
This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:
Seattle Restaurants For Sale
Lease Term:
Expires July 31st 2010 with 5 year option
Total Monthly Rent:
$2,486
Security Deposit:
$1,582

Financials

Last Year's Annual Gross:
$308,000
Last Year's Owner's Cash Flow:
$82,810
Last Year's Food Cost %:
26.97
Last Year's Payroll Cost %:
18.69
Last Year's Rent %:
9.5

Operations

# of Full-Time Employees:
4
# of Family Employees:
1
Hours Open:
7Am-3PM 7 Days a week.
Year Established:
2001
Hood System Type 1:
Yes

Facilities

Indoor Seating:
84
# of Parking Spots:
60
Inside Sq. Ft.:
2,712

Highlights

  • Ability to do high volume with 2700 Sqft
  • Commercial Hood and Grill
  • Large Seating Area with 84 Seats
  • Half Open Half Closed Kitchen!
  • Ability to Increase Revenue by Expanding Hours
  • Turn Key and Profitable!
  • In Busy City off of I-5 Corridor
  • Rent Includes Water, Sewer and Tripple Net
  • Only 4 Employees Including 1 Owner
  • Grossed over 308,000 in 2007
  • Great for Absentee Owner or Owner Operator
  • Furniture, Fixtures & Equipment Included in the Asking Price!

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 38,103 123,147 325,735
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 13,643 46,333 116,792
2010 Persons Per Household 2.61 2.54 2.53
Median House Value $316,600 $312,902 $336,323
Income Per Household $64,738 $65,251 $74,108
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,443 3,530 7,613
2012 Number Of Employees 32,444 80,302 152,336
2012 Total Annual Payroll $622,838,000 $1,649,068,000 $3,414,871,000

click for more demographic info

Disclaimer

Notice: The User (that's you reading this) of this Website understands that STONE PATH BROKERAGE SERVICES CORPORATION ("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. DRE License # 01339409.

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