Est Fully Equipped Restaurant Great Location

Seattle, WA
King County

Metro very high traffic


Asking Price: Annual Revenue:
$79,000 $50,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Est Fully Equipped Restaurant Great Location Broker: Becky SMITH
Owner Financing is Available!
75% down case by case basis.

Quick Facts

Asking Price: $79,000
Annual Revenue: $50,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $6,200
Real Estate: Not Disclosed
Year Established: 2007
Employees: 4
BBN Listing #: 483851531
Broker Reference #: dstansea

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Business Overview:

Established and fully equipped restaurant. Currently offers Asian cuisine and is definitely a family-type restaurant.

Major grocery chain store next door so your next-door anchor business DON’T GET NO BETTER! Between this big anchor and the other many anchors close by the flow of hungry people keeps coming by your front door all hours of the day and night.

This location is also considered a very desirable $$$ part of Seattle. Another real good, tasty nibble to chew on is the excellent parking situation here, you have shared parking with the major grocery chain. Don’t look past this as many restaurants in Seattle especially prime location ones have little or no parking.

This fully equipped kitchen comes with a type 1 hood, deep fryers, and walk-in refrigeration, so many other food concepts can be offered here as well. Currently offers Vietnamese cuisine but a perfect fit for other type food choices as well from Chinese or Italian or Mexican or even fast food burgers as has no competition.

But if you keep the same concept you get an established turnkey restaurant business with a customer base of over 15 years built up for you. This restaurant has great reviews and the seller is willing to offer good in-depth training. Before Covid, this little restaurant was pushing about $400,000 in annual sales.

Currently, the owner only offering to-go food orders, pickup and 3rd party delivery options. And working only about 20 hours a week. But there is many much more money to be made now that there is light in sight at the end of the Covid pandemic tunnel.

Square footage is 1,100 with a seating capacity of 45. Offers beer and wine sales. Little competition in the immediate area, not many choices for all the so many shoppers in this plaza. A very high traffic plaza with lots and lots of people and businesses all around it.

Not a franchise and all the equipment works great and is owned and included in the purchase price. The reason the owner wants to sell is because of family health concerns. Because of this location in Seattle, this one is worth the big checkout by you. Strictly being sold on its strong potential.

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Property Features and Assets:

The monthly lease is $7,300 this includes the triple net costs. The lease expires in 2023 has an option to renew and is assignable. 1100 square feet with a seating capacity of 45. Type 1 hood system, deep fryers, walk-in refrigeration. Fully equipped can do pretty much any food concept. The parking situation is 5 stars as this restaurant share a parking lot with a major grocery chain store. Signage and visibility are good.

Market Competition and Expansion:

Currently offers Vietnamese cuisine but is a perfect fit for these other types of food choices as well from Chinese or Italian or Mexican or even fast food burgers as no competition. But if you keep the same concept, you get very high reviews and an established turnkey restaurant business with a customer base of over 15 years built up for you. Currently, the owner is only working about 20 hours a week and only offering to go and pick up type orders so a lot of money is being left on the table. So you the new owner could take advantage $$$ of this especially now that restaurants reopening to full capacity. When you have a fully equipped restaurant, a great high traffic location, and plenty of parking there are always many options to expand.

Reason for Selling:

Owner has family health concerns.

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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