Request More Information Contact the Seller
- RE: Fully Equipped Restaurant, Great Location & Sales
- Contact: David Smith
Quick Facts
| Asking Price: | $190,000 | |
| Annual Revenue: | $407,260 | |
| Net Profit: | $67,549 | |
| Cash Flow: | $67 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $30,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2025 | |
| Employees: | 3 | |
| BBN Listing #: | 1004206 | |
| Broker Reference #: | TITAANA |
Business Overview:
Fully equipped full restaurant with top-of-the-line furniture and fixtures. Only a little over a year established, and already over $400,000 in annual sales and growing. 3,000 square feet, very spacious, so perfect for private parties and live entertainment.
Has a huge kitchen with a type 1 hood and lots of refrigeration and dry storage space. Seats 70 inside and 26 additional seating outside. It could even fit more seating. Has a full bar and a beautiful upstairs loft.
The monthly lease is very reasonable and has a lot of time left on this lease, too. The over $400,000 in annual sales is more meaningful when you take into consideration this restaurant is only open 5 days a week and literally for just 7 hours a day for dinnertime, and has only been open for just a little over a year. Has a good, solid net income that’s growing, too.
There are so many missed lunch sales and weekend brunch sales. Lotsa more tangible money potential here. Another good, tangible money-making idea, the current owner is basically an absentee owner, only checking in a few hours a week. If a new owner could be more part of the daily activities, it stands to reason sales would go up.
And if the new owner were a chef, just think about the increase in sales and the positive rippling effect throughout. This restaurant has a great location, like a one-of-a-kind concept that separates itself from any of the other food establishments nearby.
Seller is willing to train the buyer and even willing to stay on for a period of time to make a super smooth transition. For you, gourmet chefs or wanna be gourmet chefs, this could be just the right setup for you to serve your 5-star delicious recipes. (That means give us a call on this one.)
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Property Features and Assets:
The monthly lease is $4,463 with the triple net included. This lease expires in Aug 2027 and does have a 5-year option to extend. Size is 3,000 sq ft with seating for 70 inside and 26 seating outside. Has a type 1 hood system in place. Large kitchen with lots of refrigeration and dry storage space. Offers a full bar, a private office, and 3 restrooms. There is a lot of free street parking, but also a shared parking lot behind this building.
Market Competition and Expansion:
When you have a beautifully fully equipped restaurant that is full-size 3,000 SQ FT, there are always ways to increase the sales. Starting with having an owner-operator in place. Extending the operating hours here to capture the lunch crowds. Perhaps even offering a weekend brunch. There is even room for live entertainment or private parties. With this huge kitchen new owner could even get deep into catering. The operating hours here are 3 PM to 9 PM Thursdays through Sundays. This restaurant is closed on Tuesdays and Wednesdays. Currently, only “Happy Hour” and dinner sales are happening.
Reason for Selling:
Family concerns. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Washington businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information
