Pike Place Market Business Opportunity

Laura Miller
Direct: (206) 351-3573

Gibraltar, LLC
Main: (206) 367-6080

BUSINESS OPPORTUNITY - Listing #: 689484

Pike Place Market Business Opportunity - Don & Joe's Retail Meat Market - Pike Place Market

85 Pike Street , Seattle WA98101

Agent Remarks

Strong Profits! Over $1.1M in sales in 2023 with net profit of $132K. Unique opportunity to purchase a well-established, turn-key meat business located in Seattleā€™s Pike Place Market, which sees over 10
million visitors each year. Prime high-traffic location near the main Pike Street entrance to
the Market, under the clock near Rachel the bronze pig. Since 1969, Don & Joe's Meats is committed to offering the finest quality of meat to their customers in a friendly and personalized matter.
Equipment package includes 40 feet of display cases, large walk-in cooler, and walk-in freezer on-site.
Inventory valued at approx. $19,000 and not included in sale price. Seller training available! Currently the only meat shop in Pike Place Market. Upside in expanding operating hours to include Sundays (busiest day of the week) and adding shipping services. 950 Sq Ft (comprised of 470 Sq Ft "Retail Portion" and 480 Sq Ft "Cooler Portion"). Landlord will negotiate a new direct Lease with Buyer.

County

King

Market Area

Commercial Core

Price

$ 275,000

 

Business Characteristics

Category

Retail

Hours of Operation

9am-5pm

# Full Time Employees

4

# Part Time Employees

1

Days Open

Mon-Saturday

Year Established

1969

Leasable SF

950

# Parking Avail

0

Seating Capacity

0

# Years/Cur Own

36

Living Quarters

No

 

Financial Information

Annual Gross Income

$ 1,000,000

Operating Expenses

$ 868,000

Informational Links

Don & Joe's marketing flier