Owner Financing is Available!
Business Overview:
Super, Great downtown Redmond WA. location. Is established and very PROFITABLE. Has been operating and part of the downtown Redmond community for close to 20 years. Restaurant has a large loyal customer base. Due to job changes current owner wants to sell this lucrative restaurant. This location is a can’t miss type location, in downtown, heavy traffic flow going by your front door and easy to get to from pretty much anywhere in Redmond. Highly populated area, with many businesses and homes that are not far away. Restaurant has complete kitchen that can produce just about any food concept. Clean, bright, spacious, open floor plan which welcomes the opportunity to offer live entertainment, comedy, or karaoke type events. . Ways to increase this already profitable restaurant, currently little if any marketing or advertising is done, so to increase this area beyond just word of mouth advertising would make a big difference. A stronger web presence would help, embrace the night life business as this location lends itself well to be a gathering place to hang out. Life microphone, karaoke, comedy night type events would help draw this type of night business. Also this restaurant is only open for just a few hours on the weekends thus loosing out on a lot of hungry peoples business. If offered a breakfast menu would also see profits rise. Restaurant is currently doing well over a $400,000. in sales annually.
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:
1,600 Sq. Ft., bright, clean, spacious and open floor plan. Seats 49 but could easily fit more. Parking is also plentiful. More than 50 spots and even more if needed. Full kitchen with hood so any food concept is doable. Is established and totally turnkey. Can't miss type location, has a long history of profitability and a long standing line of loyal customers.
Market Competition and Expansion:
Opportunity to expand is here although restaurant is already highly profitable. Increase the night activities, live microphone, karaoke, comedy night, put in full bar etc... Also current owner only works half days on the weekends so here is another way to increase profits. Add a breakfast menu as currently there is none. Make a stronger website presence, currently this owner does little or no marketing or advertising. This location is truly a win win location for just about any good ideas. This restaurant has a great downtown location. Is very profitable and has been for many years. Annual sales exceed $400,000. Great food and very great location make this a very desirable restaurant to own. Full kitchen with hood so new owner has the ability to take this restaurant in any food concept desired.
Reason for Selling:
Seller is required to travel much more.
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.