#965
Spokane Restaurants For Sale

Huge Full Service Restaurant w/2 Bars & 140 + Space Parking Lot

$375,000

Within 2 years this impresively designed restaurant with great food has seen large growth. The owners have spent a lot of time and money remodeling and restoring the inside of the historic building to it's original condition. A new gourmet pizza station with top of the line equipment was recently added. In addition to the main restaurant dinning area, banquet rooms, and beautiful original bar, there is a separate 2500 sq ft dinning area with a long original bar area perfect for a wine tasting room or wine bar.

There is also the possibility of purchasing the almost 9,000 sq ft registered historical building.

Please select the orange button below to get the name and address of this restaurant and the listing agents contact information.

This is not a Paramount Restaurant Broker, Inc. Listing and Paramount Restaurant Brokers, Inc. assumes no liability for this ad or its content. Add Value Alliance, Inc. 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:

Spokane Restaurants For Sale

Lease Term:

9 years remaining + 5 yr option

Total Monthly Rent:

$6,500

Security Deposit:

$19,500

Financials

Last Year's Annual Gross:

$781,000

Operations

Liquor License:

# of Full-Time Employees:

# of Part-Time Employees:

# of Family Employees:

Hours Open:

Sunday and Monday 5PM-8PM
Tuesday through Thursday 11AM-9PM
Friday 11AM-Close
Saturday 12PM-Close

Year Established:

2006

Hood System Type 1:

Yes

Facilities

Indoor Seating:

128

Outdoor Seating:

# of Parking Spots:

105

Inside Sq. Ft.:

6,250

Outside Sq. Ft.:

2000

Lot Sq. Ft.:

40000

Residential/Office Sq. Ft.:

1000

Highlights

Registered Historical Landmark Building in Excellent Condition
4 Separate Business Entrances
One bedroom Loft with 3/4 bath upstairs with beautiful view of the city and river
Class H liqour license serving beer, wine, and spirits
Sellers will Provide 80 hours of training at no additional charge
Huge Growth Potential and prior High Volume History
Possibility to Expand Operating hours for Additonal Revenue
Newly Remodeled and Restored to Original Condition
Newly Added Gourmet Pizza Kitchen with State of the Art Appliances
325,000 worth of FF&E and New Leasehold Improvements Included in the Asking Price
Possibility to Purchase approximately 9000 sqft Building and Land
Great Investment Opportunity for Someone in the Wine Industry

Financing

Will SBA Finance:

Will Seller Lend To Buyer:

Demographics

Population	5-mi
2014 Total Population	39,411
Households	5-mi
2010 Number Of Households	15,013
2010 Persons Per Household	2.49
Median House Value	$205,900
Income Per Household	$46,605
Businesses	5-mi
2009 Number Of Businesses	1,128
2012 Number Of Employees	27,706
2012 Total Annual Payroll	$497,581,000

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.

Other Listings in the Area

#6147

Long Established Classic Diner in High Traffic Location

Annual Revenues:
$1,700,000

Square Feet:
4,400

Available
$450,000
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