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Business For Sale

Established Downtown Bellevue Restaurant

Bellevue, WA

Food & Beverage: Restaurants, Fast Food, Deli

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$220,000
$560,224
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1996
8
85211154
Owner Financing is Available!
Cash, Bank Financing, or Seller terms with 50% down, 3 year term, 6% interest

Business Overview:

Well established downtown Bellevue restaurant in outstanding centralized location. This is a rare business offering in downtown Bellevue. Close to businesses, apartments, and condos. This business has been in the same location for over 14 years and has a loyal and steady customer base. The business features an exhibition kitchen, soft lighting, and crisp linens in a cool, hip, contemporary setting. The business currently serves Italian fare. The business organizes large group dinner parties, including buy-outs (up to 70 guests) of the restaurant for a special event, buffet or sit down style. They also have a separate dining room (10 to 15 guests) for company dinner parties that offer absolute privacy. The business offers free parking in their buildings garage (a rarity in Downtown Bellevue). The business occupies 1633 sq ft with inside seating for 70 and outside seating for 20 and has a Class H liquor license. The business has a warm, friendly, and inviting atmosphere with an open kitchen concept. The Seller is offering terms with 50% down, 3 year term, at 6% interest. The seller is retiring after 7 years of operating the 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:

This business has an outstanding location in heart of Downtown Bellevue. The business occupies 1,633 square feet with seating for 70 inside and 20 outside. The base rent is $3,877 plus NNN charges

Market Competition and Expansion:

There are many restaurants in Downtown Bellevue, however, this one has been established since 1996, in the same location, and has a loyal and steady clientele. The current owner does not offer catering and does not have a delivery service. With the outstanding location in the heart of the business district, surrounded by businesses, apartments, and condos, both of these options could prove to be very profitable.

Reason for Selling:

Seller is retiring

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.
 

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