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#944
Seattle Metro

Price Reduced for Immediate Sale! Historical Landmark Coffee House & Bakery Located in Prime Tourist Destination

$90,000
Sold
Price Reduced for Immediate Sale! Historical Landmark Coffee House & Bakery Located in Prime Tourist Destination
This Listing is Sold
Beautiful large coffee house and bakery located in a registered historical building one block from the Sound in one of Washington's most sought after tourist locations. This coffee house offers a great mix of freshly baked organic goods, fresh sandwiches, soups, desserts and more. It's also a great place to check out local artwork and listen to live music outside in the 10,000 sqft concert venue. It was originally established in 1982 and was quite successful until just a few years ago. The current owner purchased the business in 2006 and has since revamped the place and in the process has built a solid loyal customer base all through word of mouth advertising. The restaurant is now headed in the right direction and has seen good growth in the last year with monthly sales of $35,000 and is projected to see even more growth this year. Priced to sell quickly!

Select one of the orange buttons below to get the name and address 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 Larry Braden listing.
Broker Larry Braden DRE License #Wash - 8619 Cal. 01492583 Cal. R.E. DRE # 01492583

Lease

Region:
Seattle Metro
Lease Term:
New Lease Terms Negotiable
Total Monthly Rent:
$2,078
Security Deposit:
$4,156

Financials

Last Year's Food Cost %:
55

Operations

Liquor License:
beer and wine
# of Full-Time Employees:
5
# of Family Employees:
2
Hours Open:
7AM-4PM Open 5 days a week during winter
7AM-4PM Open 6 days a week during summer
Year Established:
1982

Facilities

Indoor Seating:
42
Outdoor Seating:
50
# of Parking Spots:
2
Inside Sq. Ft.:
2240
Outside Sq. Ft.:
10000

Highlights

  • Historical Landmark Building
  • Located in one of Washingtons Most Sought After Tourist Destinations
  • Beautiful Antique Style Dining Area
  • 10,000 SQFT Outdoor Dinning and Concert Venue
  • Located Just One block from the Sound
  • Right of First Refusal on Real Estate Available
  • Established in 1982
  • Beer and Wine Liquor license
  • Excellent Selection of Sandwiches, Salads, and Baked Goods
  • Large Well Maintained kitchen and Food Prep Area
  • Solid Growing Local Customer Base
  • Great Location! Located in the Heart of Town

Financing

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

Demographics

Population 5-mi
2014 Total Population 15,044
Households 5-mi
2010 Number Of Households 7,227
2010 Persons Per Household 2.02
Median House Value $306,000
Income Per Household $43,235
Businesses 5-mi
2009 Number Of Businesses 705
2012 Number Of Employees 9,398
2012 Total Annual Payroll $164,287,000

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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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