Northwest/Italian Restaurant (Profitable/Small)

Seattle, WA
King County

Asking Price: Annual Revenue:
$300,000 $725,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Northwest/Italian Restaurant (Profitable/Small) Broker: Andrea Lines
Owner Financing is Available!
The seller will finance a portion of the transaction for a qualified buyer.

Quick Facts

Asking Price: $300,000
Annual Revenue: $725,000
Net Profit: Not Disclosed
Cash Flow: $185,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 68435781
Broker Reference #: NWI2022

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Business Overview:

This business is a long standing, reputable, well-known restaurant that is located in a vibrant Seattle neighborhood. Approximately a decade old, the restaurant is a favorite dining destination for the locals as well as diners from across the region. The restaurant is an intimate space that is known for its open kitchen and cozy dining environment where the sights, smells, and activities of the chef take center stage. The atmosphere in this gem feels more like eating in the home of a friend than a traditional dining out experience. The intimate dining space serves a menu of a thoughtful combination of Northwest fare and Mediterranean/Italian favorites. The ingredients are always fresh and sourced locally. The menu is known for its small, sharable plates where everyone at the table gets to enjoy and experience the wonderful creations.

The restaurant is currently open five days a week (Wednesday through Sunday).

This restaurant is a pandemic success story. The management team was able to create a robust take-out and delivery program that the locals rallied around. A true testament to the lively neighborhood it resides in. There is a permanent, permitted, covered and heated outdoor seating area that has resulted in a significant improvement in the overall success of the location. It seats 24 and has been utilized year-round for the past two years. The 700 square feet inside dining area seats 26. The current lease is approximately $1,700 a month and runs through January 31, 2028. There is an option to extend for five more years.

A seasoned, well-trained staff is in place to oversee the day-to-day operations. Four full time employees included a Head Chef, a Sous Chef, a Line Chef, and a General Manager. Three part time (20-25 hours per week) include a dishwasher and two servers. The business operates presently with a largely absentee business model.

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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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