Highly Profitable, Turnkey Restaurant Low Lease

Burien, WA
King County

High traffic busy street


Asking Price: Annual Revenue:
$599,999 $1,045,484

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Highly Profitable, Turnkey Restaurant Low Lease Broker: Becky SMITH
Owner Financing is Available!
70% down case by case basis

Quick Facts

Asking Price: $599,999
Annual Revenue: $1,045,484
Net Profit: $246,745
Cash Flow: $246,745
Total Debt: Not Disclosed
FF&E: $8,500
Real Estate: Not Disclosed
Year Established: 2016
Employees: 7
BBN Listing #: 175851531
Broker Reference #: burfisbur

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Business Overview:

A highly profitable, established, and fully equipped restaurant that’s 100% turnkey. Sales here have gone up every year since it’s beginning in 2016. Even last year with the whole Covid pandemic thing many businesses suffered but sales here just deliciously kept growing. Actually kept growing in pretty big leaps and bounds.

Projected this year to do perhaps $1,600,000 to pushing the lighter side of $2,000,000... This is not a franchise but the owner has great tasting food and a winning game plan that is as good or better than any franchise. And the owner here is willing to pass on this winning game plan to the new Captain (owner) of this Seafood restaurant.

Type 1 hood, walk-in cooler, and freezer deep fryers it’s all here and by the way the owner is extremely clean so all equipment looks and operates great.

Sales here are so good that many times on Friday and Saturday evenings they have to shut off their online ordering system. If those potatoes don’t spice up your clam chowder, then please take a second to let that sink in.

Dinner time generates about 60% of the sales here while lunch generates 40% but this wave can change day to day. All good stuff even though this restaurant business has been handcuffed due to Covid operating restrictions and yet it still sailed high.

Husband and wife and 7 full-time employees operate this business. Seats 53 on the inside and 8 more additionally on the outside. 2000 square feet so plenty big enough. For this size restaurant and the sales that this restaurant produces the monthly lease here is very reasonable at only about $3,400 per month.

Family-friendly atmosphere with décor and food made fresh. Lots of parking on a shared parking lot plus plenty of street parking and in the evening other businesses in the area are closed so more additional parking is available close by. All parking is free!!

A few ideas to expand on the already expanding sales is to offer a delivery service as one is currently not being offered. Currently not open on Sundays and little marketing and advertising is being done. If you are a restaurateur looking for a fully turnkey restaurant that has all the bells and whistles then contact us for a show and tell time.

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Property Features and Assets:

The monthly lease is $3,387 and this includes the triple net costs. The lease expires in Sept 2021 is renewable and assignable. Does have 5-year option to renew. Seating is 53 inside and 8 outside with a square footage of 2000 sq ft. Type 1 hood, walk-in cooler, and freezer deep fryers it’s all here and by the way, the owner is extremely clean so all equipment looks and operates great. Lots of parking on a shared parking lot plus plenty of street parking and in the evening other businesses in the area are closed so more additional parking is available close by. All parking is free!!

Market Competition and Expansion:

A few ideas to expand on the already expanding sales is to offer a delivery service as one is currently not being offered. Currently not open on Sundays and little marketing and advertising is being done. Sales here are so good that many times on Friday and Saturday evenings they have to shut off their online ordering system. If those potatoes don’t spice up your clam chowder, then please take a second to let that sink in. Slim to no competition in town.

Reason for Selling:

The 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 a franchise resale opportunity.

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