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Listing #: 689484 | Status: New | Last Modified: 11/18/2024
Showing Instructions | |
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Call Listing Agent | Yes |
Use Discretion | Yes |
Listing Information | |
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Listing Date* | 11/13/2024 12:00:00 AM |
Last Modified Date | 11/18/2024 3:39:05 PM |
List Price | 275000 |
Selling Compensation | greater of 5% of sale price or $5,000 |
Lease expiration | N/A |
Selling Exclusions | False |
Lease Information | |
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Monthly Rent | 1534 |
Monthly NNN/CAM | 936 |
Equip Rent Mo | 540 |
Business Characteristics | |
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Type/Name of Bus | Don & Joe's Retail Meat Market - Pike Place Market |
Hours of Operation | 9am-5pm |
Days Open | Mon-Saturday |
Year Established | 1969 |
Leasable SF | 950 SF |
# of Parking Available | 0 |
Seating Capacity | 0 |
Living Quarters | False |
Operating Information | |
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Annual Gross Income | 1000000 |
Operating Expenses | 868000 |
Net Profix | 132000 |
Reason for Sale | Retiring |
Selling Price Includes | |
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Real Prop | False |
Inventory | False |
Fix & Equip | True |
Bus Phone | 1 |
Trade Name | 1 |
Excl Items | True |
Associated Files | |
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Don & Joe's marketing flier | |
CBA Flyer |
Building Information | |
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Building Name | Pike Place Market Business Opportunity |
Category | Retail |
Address | 85 Pike Street Seattle, WA 98101 |
County | King |
Market Area | 115-Commercial Core |
# of Employees | |
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Full Time | 4 |
Part Time | 1 |
Documents | |
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Data Avail w/Offer | Yes |
YTD Offer State | Yes |
Proposed Terms | |
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All Cash | Yes |
Seller Term | Yes |
Contact listing Broker.
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 Seattleās 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.
Listing #: 689484 | Status: New | Listing Date: 11/13/2024 | Last Modified: 11/18/2024 | Email Listing