85 Pike Street
Seattle WA 98101
Listing #: 689484 | Status: Available | Last Modified: 12/15/2024 |
- Phone:(206) 351-3573
- Email:laura@gibraltarusa.com
- Office Name:Gibraltar, LLC
- Office Phone:(206) 367-6080
- Office Website:
- Call Listing AgentYes
- Use DiscretionYes
Contact listing Broker.
- Listing Date*11/13/2024 12:00:00 AM
- Last Modified Date12/15/2024 12:01:30 AM
- List Price275000
- Selling Compensationgreater of 5% of sale price or $5,000
- Lease expirationN/A
- Selling ExclusionsNo
- Monthly Rent1534
- Monthly NNN/CAM936
- Equip Rent Mo540
- Type/Name of BusDon & Joe's Retail Meat Market - Pike Place Market
- Hours of Operation9am-5pm
- Days OpenMon-Saturday
- Year Established1969
- Leasable SF950
- # of Parking Available0
- Seating Capacity0
- Living QuartersNo
- Living Quarters Descr
- Annual Gross Income1000000
- Operating Expenses868000
- Net Profit132000
- Reason for SaleRetiring
- Real PropNo
- InventoryNo
- Fix & EquipYes
- Bus Phone1
- Trade Name1
- Excl ItemsYes
- PDF Don & Joe's marketing flier
- CBA Flyer
- Building NamePike Place Market Business Opportunity
- CategoryRetail
- Address85 Pike Street
Seattle, WA 98101 - CountyKing
- Vicinity
- Market Area115-Commercial Core
- TB Map Grid
- Other Map Page
- Zoning
- Full Time4
- Part Time1
- Data Avail w/OffrYes
- Pft/Loss State #Yrs
- Balance Sheet
- Schedule C #Yrs
- YTD Oper StateYes
- All CashYes
- Seller TermYes
- Min Down
- Interest
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.