Prepared by https://www.commercialmls.com
Listing #: 680013 | Status: Available | Last Modified: 6/7/2024
| Showing Instructions | |
|---|---|
| Call Listing Agent | Yes |
| Use Discretion | Yes |
| Listing Information | |
|---|---|
| Listing Date* | 4/9/2024 12:00:00 AM |
| Last Modified Date | 6/7/2024 5:39:33 PM |
| List Price | 2350000 |
| Selling Commission | 4% |
| Lease expiration | 06/29/2026 |
| Selling Exclusions | True |
| Lease Information | |
|---|---|
| Monthly Rent | 11908 |
| Business Characteristics | |
|---|---|
| Type/Name of Bus | Iconic Seattle Legacy Restaurants for Sale |
| Hours of Operation | 4-10 |
| Days Open | 7 |
| Year Established | 1992 |
| Leasable SF | 6,432 SF |
| Seating Capacity | 210 |
| Living Quarters | False |
| Operating Information | |
|---|---|
| Annual Gross Income | 3300000 |
| Operating Expenses | 2676671 |
| Net Profix | 623329 |
| Selling Price Includes | |
|---|---|
| Real Prop | False |
| Inventory | True |
| Fix & Equip | True |
| Bus Phone | 1 |
| Trade Name | 1 |
| Excl Items | True |
| Associated Files | |
|---|---|
| NDA | |
| CBA Flyer |  |
| Building Information | |
|---|---|
| Building Name | Seattle Legacy Restaurant |
| Category | Food and Beverage |
| Address | 0000 charming neighborhood undisclosed Seattle, WA 00000 |
| County | King |
| Market Area | 100-All Seattle |
| # of Employees | |
|---|---|
| Full Time | 26 |
| Part Time | 18 |
| Documents | |
|---|---|
| Data Avail w/Offer | Yes |
| Pft/Loss State #Yrs | 5 |
| Balance Sheet | 3 |
| Schedule C #Yrs | 3 |
| YTD Offer State | Yes |
Iconic Seattle Legacy Restaurants for Sale
NDA and discretion required
A rare opportunity to purchase a pair of highly profitable European style legacy restaurants in a highly desirable Seattle Area. Larger restaurant seats up to 85 guests with a 20 seat bar with a private patio for outdoor dining for additional 35 seats. Smaller Restaurant seats slightly less on two floors with views of downtown and the water. Price includes two iconic brands, leasehold interest, all FF&E, recipes, and trade names. Combined total sales of nearly $3.3M Monthly lease $11,908 Lease expires June 30, 2026, plus 2 five year options NDA and discretion required