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#1093
Seattle Restaurants For Sale

Elegant Award-Winning Mediterranean Restaurant

$78,000
Sold
Elegant Award-Winning Mediterranean Restaurant
This Listing is Sold
This is a beautiful Zaggat-rated and award-winning Mediterranean Restaurant that is known as one of the best restaurants by prominent magazines.
It is surrounded by apartment buildings, major shopping centers and very close to Microsoft. Authentic Persian food is currently served in a very clean and well maintained white cloth restaurant and exceptional interior design, but the concept could easily be changed to Italian or another alternative if desired. The rent includes water and garbage. Equipment includes a hood, strong exhaust fan, automatic fire system, grease trap, ice maker, dough roller, and deep fryer. There is 45 seats capacity (inside) and 20 outside, with additional space for a separate licensed coffee/espresso/juice bar. There are also two handicap access bathrooms.

Select one of the bright orange buttons below to get the name and address on this restaurant, and more photos to take the next step toward an exciting opportunity.

This is a listing presented by Lawrence Braden, WA state broker of record.
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:
2 years plus negotiable options
Total Monthly Rent:
$3,156
Security Deposit:
$3,258

Financials

Last Year's Annual Gross:
$192,318
Last Year's Food Cost %:
82599
Last Year's Payroll Cost %:
3%
Last Year's Rent %:
20%

Operations

Liquor License:
wine and beer
# of Part-Time Employees:
2
# of Family Employees:
2
Hours Open:
5 to 10 pm or until closing.
5 days a week
Year Established:
1990
Hood System Type 1:
Yes

Facilities

Indoor Seating:
42
Outdoor Seating:
16
# of Parking Spots:
30
Inside Sq. Ft.:
1,750
Outside Sq. Ft.:
500

Highlights

  • Beautiful Persian Restaurant surrounded by apartment buildings.
  • There are several major shopping centers located nearby as well as being very close to Microsoft.
  • Authentic Persian food served in a very nice and clean restuarant.
  • This location can be easily changed into another concept if desired.
  • Very high volume of foot traffic due to its location next to one of the most popular Bike Stores in the Pacific Northwest.
  • The owner is motivated for change and has agreed to under market vaue.
  • Select one of the bright orange buttons above to get the name and address on this restaurant.

Financing

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

Demographics

Population 3-mi. 5-mi
2014 Total Population 63,948 216,624
Households 3-mi. 5-mi
2010 Number Of Households 24,008 81,110
2010 Persons Per Household 2.42 2.38
Median House Value $465,200 $461,783
Income Per Household $99,192 $92,345
Businesses 3-mi. 5-mi
2009 Number Of Businesses 2,398 8,373
2012 Number Of Employees 161,508 322,712
2012 Total Annual Payroll $4,294,967,295 $4,294,967,295

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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