Give Away Price on Restaurant Busy Location

Seattle, WA
King County

Located on a busy street w/a major grocery anchor


Asking Price: Annual Revenue:
$50,000 $273,468

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Give Away Price on Restaurant Busy Location Broker: David Smith

Quick Facts

Asking Price: $50,000
Annual Revenue: $273,468
Net Profit: $1
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $12,000
Real Estate: Not Disclosed
Year Established: 1992
Employees: 2
BBN Listing #: 30551531
Broker Reference #: ds/magisea

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Business Overview:

Fast food setup, high traffic location, give away price. Fully equipped kitchen with 12-foot type one hood system, deep fryers, and walk-in refrigeration. It’s all here and ready to prepare any type of food. Located on a very busy street with a major grocery chain name in the same plaza acting as a solid anchor. Lots of parking. This is a big-name Asian food restaurant with many locations but is not a franchise so you can enjoy the benefits of having a well-known name and NOT have to pay franchise fees, royalties or follow franchise rules and restrictions. Bring your own ideas and recipes even. Is established and turnkey if you keep the same concept as the current owner has been in this space for 17 years. About 1,200 square feet, lots of kitchen space lots of workspace great for catering. Good lunch sales and dinner sales already established for you. Because of the solid anchors all around this restaurant, if you serve good food and give service at reasonable prices pretty much regardless of the food concept, the good lunch and dinner sales will keep happening. This shopping plaza and this street are that busy. Lots and lots of car traffic all hours of the day. Not much similar competition close by. Other ways to increase the sales, currently the owner has no website and does no marketing or advertising at all. So if a new owner wanted to take advantage of the fully equipped kitchen that is here, there is room to offer catering. Currently, no delivery is being done if a new owner wanted to offer delivery for their food even thru one of the many food delivery services available now the sales would undoubtedly increase as well. As simple as adding a website to the business would probably add money to the bottom line. This restaurant is profitable but so much more could be made if the new owner was aiming and focusing on these other areas. The lease is very reasonable for such a high traffic shopping plaza and lots of life left on it too. Seller wants to move out of state is the reason for selling. He is very motivated that is why the price is so low for such a hot spot. Fully equipped kitchen, great location with solid anchors, solid lease it is a great restaurant opportunity give us a call.

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Property Features and Assets:

Located on a very busy street with a major grocery chain name in the same plaza acting as a solid anchor. Lots of parking. This is a big-name Asian food restaurant with many locations but is not a franchise so you can enjoy the benefits of having a well-known name and NOT have to pay franchise fees, royalties or follow franchise rules and restrictions. Bring your own ideas and recipes even. Is established and turnkey if you keep the same concept as the current owner has been in this space for 17 years. About 1,200 square feet, lots of kitchen space lots of workspace great for catering.

Market Competition and Expansion:

Not much similar competition close by. Ways to increase the sales, currently the owner has no website and does no marketing or advertising at all. This restaurant is fully equipped so there is room to offer catering yet none is being offered. Currently, no delivery is being done if the new owner wanted offer delivery for their food even using one of the many food delivery services now available the sales would undoubtedly increase as well. As simple as adding a website to the business would probably add money to the bottom line. This restaurant is already profitable but so much more could be made if a new owner was aiming and focusing on these other areas.

Reason for Selling:

Seller wants to move out of state.

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.

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