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#1770
Seattle Metro

Highly Sought After Pizza and Pasta Location

$83,000
Sold
Highly Sought After Pizza and Pasta Location
This Listing is Sold
Selling Restaurants presents a homestyle pizzeria. This pizzeria is very popular with the local surrounding big name businesses and residents. Help yourself to a fresh quick lunch buffet or enjoy a lingering dinner at an intimate table for two. The portions are perfect and the food is mouth watering. This restaurant is the talk of the locals, situated in an excellent corner location and end spot, it is the envy of others. The restaurant needs no changes, it is perfect. It is completely stocked with everything from Pizza ovens to dough makers to 6 burner gas stove. The sale includes a recently purchased Micro POS system that is priced alone at 16K. This setup is ideal for anyone that wants to come in and simply take over. Owner will entertain seller financing.

This is an Add Alliance, Inc listingThis 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:
June 2012 + 5 Year
Total Monthly Rent:
$2,872
Security Deposit:
$3,000

Financials

Last Year's Annual Gross:
$351,845

Operations

Liquor License:
B&W
# of Full-Time Employees:
1
# of Part-Time Employees:
6
# of Family Employees:
1
Hours Open:
Tuesday thru Sunday 11 am to 9 pm
Year Established:
2005
Hood System Type 1:
Yes

Facilities

Indoor Seating:
40
Outdoor Seating:
12
Inside Sq. Ft.:
1430
Outside Sq. Ft.:
150

Highlights

  • Recently installed New Booths and Carpet
  • All Furniture, Fixtures and Equipment Included
  • Excellent Corner location Anchor Spot
  • Type One commercial Hood
  • New Micros POS completely Configured and Programmed
  • Restaurant is in an extremely Busy Shopping Center
  • Spring and Summer invite additional outside Seating
  • Kitchen is Fully stocked with everything a Chef could want
  • Walk in Ready
  • Customer base is Loyal and Strong

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
Yes
Seller Carryback of Purchase Price:
60%
This Listing is Sold

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 49,627 70,377 141,356
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 16,912 24,391 52,602
2010 Persons Per Household 2.80 2.77 2.58
Median House Value $265,100 $281,321 $263,082
Income Per Household $67,906 $72,407 $60,656
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 489 715 3,495
2012 Number Of Employees 5,844 9,334 103,414
2012 Total Annual Payroll $107,776,000 $190,513,000 $2,314,518,000

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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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