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Business For Sale
AWARD WINNING LANDMARK RESTAURANT
Attn:
Larry Braden - Selling Restaurants
Snohomish County, WA, USA
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Listing Number: "717"
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Listing
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Asking Price: |
$595000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Restaurants, Fast Food, Deli
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Year Established:
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1986 |
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# of Employees:
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15 full time, 10 part time |
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Yearly Gross Income:
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$1,187,000 |
Business for Sale Overview:
Prominent historic landmark restaurant in one of Puget Sound's most desirable communities. This restaurant has operated for many years. Located in the heart of the city, within walking distance of the waterfront and transportation hubs, as well as live theater, cinema, a premiere concert venue and seasonal farmer's market. Award winning American and globally driven eclectic cuisine satisfies both adventurous plates and comfort seekers. 2006 sales were nearly $1.2 million with adjusted net Profits of $173,000. You may own this golden opportunity to continue more than two decades of success and be the talk of the town. This restaurant qualifies for an SBA loan with as little as 10% down to qualified Buyers. Buyers must have good credit, at least five years of restaurant management experience and enough cash to make the minimum down payment of 10%. Only qualified Buyer are given access to more photos and financial information regarding this listing.
Property Features and Assets:
Mon-Sat: 8am-9pm, Sun: 8am-1pm; 78 seats; B&W License; $4,960 per month; 4,000 square feet.
SBA financing
Additional Details:
- The property is leased.
- The owner may be willing to train/assist the new owner.
- The owner may be willing to work for the new owner.
- This may become a homebased business opportunity.
- This may become a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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