Established Restaurant and Bar in South Lake Union

Seattle, WA
King County


Asking Price: Annual Revenue:
$650,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Established Restaurant and Bar in South Lake Union Broker: Carrie Tapacio

Quick Facts

Asking Price: $650,000
Annual Revenue: Not Disclosed
Net Profit: $270,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2011
Employees: Not Disclosed
BBN Listing #: 784757558
Broker Reference #: Not Disclosed

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Business Overview:

Bring your own concept! Established South Lake Union Restaurant with Full Bar and sidewalk seating. Busy Amazon and Biotech lunch and dinner business in this SLU spot. Additional Private Event Space and Catering.
2.6 Million a year. Net average $270,000.
Hood Type I with full kitchen.
Absentee Owner. Established in 2011.
Lease 2028 + 1 5 year option
Trade name and intellectual property not included in sale.

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Property Features and Assets:

Bring your own concept! Established South Lake Union Restaurant with Full Bar and sidewalk seating. Busy Amazon and Biotech lunch and dinner business in this SLU spot. Additional Private Event Space and Catering. 2.6 Million a year. Net average $270,000. Hood Type I with full kitchen. Absentee Owner. Established in 2011. Lease 2028 + 1 5 year option Trade name and intellectual property not included in sale.

Market Competition and Expansion:

Bring your own concept! Established South Lake Union Restaurant with Full Bar and sidewalk seating. Busy Amazon and Biotech lunch and dinner business in this SLU spot. Additional Private Event Space and Catering. 2.6 Million a year. Net average $270,000. Hood Type I with full kitchen. Absentee Owner. Established in 2011. Lease 2028 + 1 5 year option Trade name and intellectual property not included in sale.

Reason for Selling:

Owner has other interests.

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.

Documents:

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