Business Overview:
This is an outstanding location in downtown Seattle. The owner closed the restaurant in August of 2010. This could easily be any food concept. The total square feet age is 2,110 square feet. The restaurant is 1,700 square feet with seating for 50, full service kitchen with hood and grill. The front of the restaurant has a bar and seating and there is also a lounge, lots of storage and office space. There is a current sublease for 410 square feet of the space (total space is 2,110 square feet) to a record store for $1,200 per month until 1/31/2013. This is the ideal opportunity for the enterprising entrepreneur. The Seller is negotiable.
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 restaurant is located right in the heart of downtown Seattle. The total square feet age is 2,110 square feet. The restaurant occupies 1,700 square feet with seating for 50, a full kitchen, lounge, storage, and office. The total rent is $4,800 per month base rent plus triple net charges of $1,200 per month. The master lease runs until 1/31/2013. 410 square feet (of the 2,110 total square feet) is subleased to a record store for $1,200 per month until 1/31/2013.
Market Competition and Expansion:
This will depend on what style of restaurant and what kind of food venue the new owner plans on offering. The sky is the limit for the new owner. Bring your concept and energy and create your dream.
Reason for Selling:
The seller had to close the business.
Additional Details:
- The property is leased.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: