Owner Financing is Available!
Business Overview:
The business has an outstanding location in the heart of downtown Seattle and has been established and owned by the Seller for 12 years. The space occupies 676 square feet and has common area seating for well over 40. It is only open 6 days per week (Monday-Saturday) and short hours (11AM - 7PM) - this is a very rare offering. The Buyer can also add additional items to the menu or change the concept, if the Landlord approves. The owner does not work at the business and has other business interests that require his time. The current owner has owned the business for 12 years and has developed a very strong and loyal customer base. The new owner could easily add delivery and catering to the many office buildings within blocks of this business. The addition of an owner/ operator at the business with that special touch an owner can add will increase the business. Seller is offering terms with $50,000 down – 2 year term – 6% interest. This is a proven turn key business.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The business has an outstanding location in the heart of downtown Seattle and has been established and owned by the Seller for 12 years. The space occupies 676 square feet and has common area seating for well over 40. The base rent is $1,975 plus NNN of $405 per month. The lease runs till 6/30/2015 with options.
Market Competition and Expansion:
This rare gem of a business is located in a small food court with no other competition - and is one of the oldest and most consistent businesses in the food court.There is plenty of room for growth for this business. The new owner could add catering and delivery to the many office buildings within blocks of this business. Just having an owner/ operator at the business with that special touch will increase the business.
Reason for Selling:
Absentee Owner has other business interests
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.