Seller's Contact Information
- RE: Established & Profitable Restaurant - Bellevue
- Contact: OBecky Smith
Quick Facts
| Asking Price: | $199,000 | |
| Annual Revenue: | $499,530 | |
| Net Profit: | $98,629 | |
| Cash Flow: | $98,629 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $8,230 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2004 | |
| Employees: | 3 | |
| BBN Listing #: | 613451531 | |
| Broker Reference #: | GRXBEL |
Business Overview:
Established and profitable restaurant with solid Eastside location. A fast casual Mediterranean cuisine dining option, with great finger type food choices served as well.
Lots of foot traffic to cater too. Big-name anchor businesses surround this little restaurant. This is close to a movie theater, shopping and many other big people magnets. Ongoing customer base is already very steady and established for you the new owner.
Does about a half a million in food sales annually and this has been very consistent. This is located in a mall with all the great benefits (people flow and parking) of a mall location but DOES NOT have a typical mall type super high monthly lease but instead has a very easy to manage and swallow monthly lease at only $5,100 per month. So you are in the profits on the sooner every month. And that’s something you can take to the bank.
The size is 1,010 square feet and has seating inside shop and outside shop. Type 1 hood, lots of refrigeration and storage. Has a display case to show off your food creations and or desserts. Very cute setup and worth you checking out if you are in the search of a restaurant business to buy.
Another tasty tidbit for you is there is NO same food competition in the mall for you to share the customer base with. The parking you never have to think about as there is hundreds of FREE parking.
The half a million in annual sales is and has been done with very little to NO marketing, NO social media presence, even catering not aggressively pursued. So you the new owner have plenty of ways to turn up the heat here (means turn up the sales).
This is not a franchise but yes it does have very well-known name recognition. Great signage and visibility that keep drawing and inviting many of the mall patrons in here to eat.
This restaurant is fully equipped, has a high foot traffic customer base, long history of good profits with about a 6 figure net annual income, low monthly lease, good security, and even the marketing is done for you. All the business blocks are here and checked and add up to good profits. Gives us a call and see if this fits your business plan.
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Property Features and Assets:
Monthly lease is only $5,100 and this lease expires Jan 2026 and does have an option to extend. The size is 1,010 square feet and has seating inside shop and outside shop about seating for 30. Type 1 hood, lots of refrigeration and storage. Located in a shopping mall and the shopping mall is putting in a swimming pool and mini golf to ensure many customers keep coming past your front door.
Market Competition and Expansion:
High foot traffic location little to no marketing or advertising has been done and is 18 years established. Lots of homes in the area to deliver and cater to if new owner wanted to be aggressive in these areas. No similar same food served in the mall, so you do not have to share the mall customer base. Great set up and turnkey you can be making good money from day one.
Reason for Selling:
Owners want to retire
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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