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Listing #: 681012 | Status: Available | Last Modified: 7/4/2024
Showing Instructions | |
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Call Listing Agent | Yes |
Use Discretion | Yes |
Listing Information | |
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Listing Date* | 4/30/2024 12:00:00 AM |
Last Modified Date | 7/4/2024 12:01:05 AM |
List Price | 325000 |
Selling Commission | 4% |
Lease expiration | 06/29/2026 |
Selling Exclusions | True |
Lease Information | |
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Monthly Rent | 3881 |
Monthly NNN/CAM | 1457 |
Business Characteristics | |
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Type/Name of Bus | Newer Construction! Contemporary Restaurant & Bar |
Hours of Operation | 11:30?AM–9?PM |
Days Open | 7 |
Year Established | 2016 |
Leasable SF | 1,578 SF |
Living Quarters | False |
Operating Information | |
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Annual Gross Income | 1221222 |
Operating Expenses | 843675 |
Net Profix | 377547 |
Reason for Sale | Owner is Retiring |
Selling Price Includes | |
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Real Prop | False |
Inventory | True |
Fix & Equip | True |
Bus Phone | 0 |
Trade Name | 0 |
Excl Items | False |
Building Information | |
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Building Name | Newer Construction! Contemporary Restaurant & Bar |
Category | Food and Beverage |
Address | 0 Undisclosed Seattle, WA 98115 |
County | King |
Market Area | 100-All Seattle |
# of Employees | |
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Full Time | 6 |
Part Time | 6 |
Proposed Terms | |
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All Cash | Yes |
Seller Term | Yes |
All potential buyers must sign the NDA
Prime Location, full bar, newer construction, covered outdoor seating, and steps from Ravenna Light rail station. Approximately $1M is TI , currently a profitable restaurant with close to $1M in Gross annual sales, great for a sit-down, take-out, outdoor dining, cocktails and so much more. Very little deferred maintenance. This is an owner operator's dream come true. Newer build-out with large 12 ft type I hood. All of the furniture and fixtures are included. The restaurant has a modern and attractive building. Offers a modern and chic atmosphere with comfortable seating and warm lighting. Has a full bar serving up an impressive selection of cocktails, beer, and wine. 2022 Gross: $1,221,22.71, Net: $377, 547.68 2021 Gross: $775,689, Net: 327,516.36