Highly Profitable Restaurant w/Terrific Location

Burien, WA
King County

on extremely busy street in town


Asking Price: Annual Revenue:
$199,000 $543,935

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Highly Profitable Restaurant w/Terrific Location Broker: Becky Smith
Owner Financing is Available!
75% done case by case basis

Quick Facts

Asking Price: $199,000
Annual Revenue: $543,935
Net Profit: $152,516
Cash Flow: $152,516
Total Debt: Not Disclosed
FF&E: $8,600
Real Estate: Not Disclosed
Year Established: 1976
Employees: 7
BBN Listing #: 36251531
Broker Reference #: kiwhbur

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Business Overview:

With 42 years at this same location, this restaurant has a huge-long customer base that wraps around downtown more than a few times. And with this very long customer base is also a long history of very high profits too.

Even last year when the Covid Pandemic hit this restaurant was/is so entrenched in this community that this restaurant saw an increase in its already high sale numbers. 42 years in the neighborhood serving great food you can bet everyone in town knows who you are and what you are about.

Turnkey all the way, you be making great money from day one. This restaurant and other big successful businesses that surround this business all keep this area busy with people and traffic. Like bees around honey, this restaurant stays humming (with people right outside your front door) even well into the evening.

This is a fully equipped restaurant with a type 1 hood, deep fryers, walk-in refrigeration, and freezer that allow you to do it all. So, if you have some great money-making recipes and you want to add to the menu there is nothing stopping you here.

The size is about 2800 square with a seating capacity of 115. A nice open floor plan that has a full bar even. This floor plan lends itself extremely well to live entertainment such as karaoke or other live mic-type stuff, not a bad seat in the house.

Furniture, fixtures, and equipment are all in good working condition and all included in the purchase price. The seller owns the building and land so the lease will be negotiated. Seller good people and wants the new owner to be as successful as he has been here for the past 42 years. So he is willing to give win, win deal in terms of the lease to the new business owner.

Even the asking price on this is a good deal as this location is a money location and you really should be making a lot of money right away. This restaurant business consistently does $550,000-$650,000 in annual sales. Last year during the Covid Pandemic sales actually increased to $700,000...

So, with a sip of energy from the new owner on top of all that, and who knows what you could crank the sales up to. Another money idea to consider is there are few breakfast places in this busy area, so if you could incorporate a breakfast menu into your business plan you would be swimming in coffee and egg profits too. If you’re a serious restaurant buyer, then this one is a definite check me out restaurant.

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Property Features and Assets:

The seller owns the building and land so the lease will be negotiated. Seller good people and wants the new owner to be as successful as he has been here for the past 42 years. So he is willing to give win, win deal in terms of the lease to the new business owner. The seller is looking at a base lease of about $4,400 and a triple net of about $800 but this can be negotiated and fine-tuned. Even an option on the lease can be added. A fully equipped kitchen with type 1 hood, deep fryers, walk-in refrigeration, and freezer. The size is about 2800 square with a seating capacity of 115. An open floor plan that has a full bar even. There is a parking lot and plenty of street parking. Great signage and visibility.

Market Competition and Expansion:

The fully equipped kitchen, huge customer base at this high traffic location are already solid foundation blocks set up for you. Another profitable idea is to incorporate a breakfast menu into your business plan. There is quite a demand for breakfast in this area and there are very few places hitting this target audience.

Reason for Selling:

Owner wants to retire

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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