Seller's Contact Information
- RE: Burger Shop Just Blocks To University Seattle
- Contact: OBecky Smith
Quick Facts
| Asking Price: | $135,000 | |
| Annual Revenue: | $413,940 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | 18,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2014 | |
| Employees: | 3 | |
| BBN Listing #: | 971551531 | |
| Broker Reference #: | BRCOSEA |
Business Overview:
A fully equipped burger shop just blocks from University in Seattle. Already has fast food eating customer base all built up for you for now and the foreseeable future. This location is solid as it sits on the corner where 4 streets converge. Lots of car and foot traffic and the signage and visibility is spot on good.
This restaurant is fully equipped with TWO type 1 hoods to go along with deep fryers, a walk-in cooler, and a freezer. This is not a franchise so lots of potential to adapt to some other food or drink cuisines to attract the college crowds, like smoothies, espresso, acai bowls, bubble tea, and with the type 1 hoods any food concept you want.
Currently, Hamburgers, fries, and milkshakes are the staple here and are quite popular with the college crowd. This is an easy food concept to learn and transition into, so you DO NOT need to be a trained chef to be in the money here. More good thought for you to think about is, that there is little to no burger, fries, and milkshake competition close by.
This business lends itself well to absentee ownership. Employees and even managers can transition quite smoothly and quickly making more free time for you. Current ownership is absentee. Very clean and bright inside all furniture and fixtures like new. More than 1700 square feet that seat 40 and even offers some outdoor seating.
Lunch makes up about 45% of the sales while dinner makes up about 55% of the sales. Another way to expand the profits is to offer a breakfast menu currently one is NOT offered maybe offer breakfast burritos and coffee or just pastry and top of the line espresso. When you have a solid location with a good customer base and a fully equipped kitchen there are definitely ways to make a lot of money.
There is lots of time left on the lease, this burger shop does sell beer and wine. For the right buyer and the right offer, some seller financing may be a possibility.
Please make note, that the name of this restaurant and the website are not part of this sale. What you are buying is a fully equipped restaurant, a super high traffic location with a built-in long-term customer base, a simple and easy food concept to learn and to transition into. Or you can change or modify this concept to fit your own recipe for success. Fast food, good money give us a call.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
The monthly lease is $6,350 triple net is included in this. The water and garbage are also covered. The lease expires on 28 Feb 2030. Square footage is 1715 with a seating capacity of 40 inside and also has additional seating outside. Fully equipped 2 type 1 hoods and all furniture and fixtures like new. Clean and bright.
Market Competition and Expansion:
The obvious ways to expand the profits are for an owner-operator or at least a part-time owner operator to take over. An owner with their daily focus on this business. Another way is to offer a breakfast menu or even just offer some of the other college crowd food favorites. This is not a franchise so décor, theme, and even food cuisine can be changed or modified. There is little to no burger, fries, and milkshake competition close by. Closed on Sundays. Please make note, that the name of this restaurant and the website are not part of this sale.
Reason for Selling:
Seller wants to downsize
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
Relevant Links:
Here are some of the similar listings you can choose from
Asking Price: $275,000Restaurant and Bar for sale at Dale Hallow Lake
Awesome income potential. Nestled in between two marinas on Dale hallow lake turn key restaurant and bar with 2 bedroom 2 bath down stairs. Building comes with everything you need to start conducting business upon closing. Building is being sold for appraisal value restaurant equipment is a bonus. Don't let this opportunity of a lifetime pass you by.
Asking Price: $192,000Restaurant Business Opportunity
Business Opportunity!! Established and loved restaurant in Wavland, MS … owners has another business opportunity to be apart of in New Orleans … so this is your chance to walk into an established and well working business. They have until the end of April to decide. If no one takes advantage of this opportunity then they will carry on with the business here.
Asking Price: $1,200,000Waterfront Restaurant
Turn key operation, great for many concepts.Outdoor bar and boat slips for guests visiting on boat.
Asking Price: $750,000Commercial Hood Cleaning
This business is not a luxury but a necessity for the insurance and fire departments. We clean hundreds of restaurants and more calling everyday established is 1982 and more successful than ever!
Asking Price: $8,000,000Wisconsin Club, Tavern, Food Establishment
Long established business in a tourist Meca located in a thriving Midwest state. Property was built from the ground up and includes a espansive kitchen, dining area, and dance floor. At night, the club DJ is rocking all the tunes of the times complete with its epoxy dance floor and three full bars. Not to worry though as the Sunday Game Day is also great with the numerous TV's located around the property.
Asking Price: $2,500,00011 Subway restaurant group
Superbly well located, group of 11 restaurants of the largest national franchise fast food retail store (Subway), Fast food concept, with over 5 years of continuous operation. Great growth perspectives as many other units can be added.
Asking Price: $60,000My new Listing
bnvgfkuyfky
Asking Price: $645,000Money Making Butcher Shop, Restaurant & Grocery...
Phenomenal 3 facet business complete with grocery store, restaurant & butcher shop, fully operational and profitable, very established in high traffic area.
Asking Price: $195,000Profitable, well established, great visibility!
Well established business grossing over $420,000.00 annually with secure lease for new owner
Asking Price: $500,000Italian Family Restaurant #816
Established over 25 years ago, this family restaurant is in a high traffic area and has an excellent reputation for Italian food. It is centrally located near a major university and could be easily reconfigured into a sports bar, a proven winning formula for making money. For more information, contact Brian Jones using reply to this ad button.
