Comfort Foods in Paradise

Not Disclosed, WA
Snohomish County

Asking Price: Annual Revenue:
$695,000 $780,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Comfort Foods in Paradise Broker: Oliver Kotelnikov
Owner Financing is Available!
The seller will finance a portion of the business sale for a qualified buyer.

Quick Facts

Asking Price: $695,000
Annual Revenue: $780,000
Net Profit: Not Disclosed
Cash Flow: $210,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $425,000
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 188235781
Broker Reference #: CFS2022

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Business Overview:

This business is a landmark food service establishment in rapidly growing Snohomish County. Embarking on the fourth decade of successful operations in the original location, the restaurant specializes in traditional American fare with a touch of imagination and creativity. Serving breakfast, lunch and dinner, the restaurant is known for hearty portions of locally sourced comfort foods, scratch made desserts, personable customer service and family hospitality. Central to several densely populated residential communities, the restaurant draws on a fiercely loyal multi-decade clientele as well as new customer demographics fueled by the area’s explosive residential and commercial building boom. Strategically located at the gateway to Washington’s most popular destinations for tourism and outdoor recreation including Steven’s Pass, Leavenworth, Wenatchee, and Mission Ridge, the business capitalizes on the seasonal influx of visitors generating significant additional revenue from numerous local sports and activity-based communities and outdoor enthusiasts. The business has fully recovered from the effects of the pandemic and is presently operating at historical levels of financial performance. Banner year in 2021 with record profitability and continued growth forecasted for 2022.

The business occupies an approximately 2,000 square foot free-standing building located on a prime lot of seller-owned real estate. Prominent street visibility and dedicated customer parking with an average daily traffic count of approximately 20,000 vehicles from immediately adjacent busy main arterial. Easy access is available for service and delivery vehicles. The restaurant is tastefully decorated and intelligently designed with high volume in mind-extremely busy successive days are the norm. Strong operational infrastructure is a well-oiled machine and a model of efficiency turning tables quickly for maximum profitability. Seating capacity is approximately 54 guests. Pride of ownership is in every fiber of this establishment, evidenced by meticulously maintained facilities and equipment with an extensive list of recent upgrades. This is a rare opportunity for an owner-operator to secure a growing lifestyle business in a vibrant community along with a lucrative commercial real estate asset in an emerging marketplace.

The business is fully staffed. Daily operations are supported by a team of 12-14 part and full-time employees with a slight seasonal variance. Ownership presently contributes approximately one full time equivalent to the labor of the business.

The price is allocated between $270,000 for the business and $425,000 for the real estate.

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Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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