Phinney Ridge Neighborhood Restaurant
Seattle, WA King County
Greenlake Area
Seller's Contact Information
- RE: Phinney Ridge Neighborhood Restaurant
- Contact: Nicole Wright-Neumiller
Quick Facts
| Asking Price: | $169,000 | |
| Annual Revenue: | Not Disclosed | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | 100,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2016 | |
| Employees: | 3 | |
| BBN Listing #: | 156556307 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
This Restaurant is in a great Neighborhood location in a popular Seattle area. This is NOT downtown. The size is approximately 3,000 Square Feet, has a great LEASE in place, has sidewalk seating, and a 14' Class I Hood. The Restaurant was fully remodeled in 2016. This is a great business, in a GREAT Location!
Act fast, because this one will not last.
Confidential, NDA will be required.
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:
This Restaurant had a $500,000 remodel/overhaul done in 2016, all the way down to the Studs.This business includes all new equipment, 14’ Class 1 hood, walk-in, grease trap, ADA bathrooms, sidewalk cafe seating. Has a GREAT Lease with a 5-year option, NNN included at $6800. A Concept Change is allowed. It's 3,000 Square Feet.
Market Competition and Expansion:
Current business model is dinner only, so add breakfast, brunch, or lunch and you can double the sales.
Reason for Selling:
Career Change
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
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