Restaurant on the Corner of 2 Busy Streets

Shoreline, WA
King County

High traffic street corner


Asking Price: Annual Revenue:
$95,000 $302,400

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Restaurant on the Corner of 2 Busy Streets Broker: Becky SMITH
Owner Financing is Available!
75% down case by case basis

Quick Facts

Asking Price: $95,000
Annual Revenue: $302,400
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 2010
Employees: 4
BBN Listing #: 850951531
Broker Reference #: dsisssea

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Business Overview:

Great location, this self-standing building sits at the corner of two busy streets. Popping visibility from traffic in all directions. Fully equipped and 10 years established Asian restaurant on this corner lot.

Has an upstairs balcony that overlooks the busy streets down below. This kitchen offers a type 1 hood system, an extra huge walk-in refrigerator, lots of storage space, and pretty much the ability to handle any food cuisine preparation.

Also has lots of room to really get knee-deep into the catering dollars. This area has lots of homes close by to cater to. Great neighborhood feel atmosphere and ambiance. Square footage is almost 3000 square feet with an open floor plan which is perfect for live entertainment, karaoke or even dancing all of course when the time is right.

The dining room downstairs is fitted with beautiful furniture and fixtures. It offers seating for 48 with private booths even. The upstairs can easily fit another 30-40 seating. The upstairs area with the balcony is not completely completed meaning it is not finished. But ooh so much potential with this balcony sitting high above and overlooking the neighborhood. Serves beer and wine you could make this place the neighborhood hang out place.

The monthly lease here is also attractive as it does not expire until 2024 and has a 5-year option to renew. Has a shared parking lot but loads of street parking are available.

Daily sales here are averaging $800 to $1,000 which is pretty good considering no marketing or advertising is being done, this whole covid situation and current owners have only had this restaurant for just a few months. The reason for their selling this restaurant is their partnership is dissolving due to E2 visa complications.

With this high traffic and high visibility location make no mistake there is solid tangible potential here. These restaurant sales are poised to take off when this covid pandemic passes. Call to action, give us a call on this one to get more information.

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Property Features and Assets:

The monthly lease is $6,000 and this includes the triple net. The lease does not expire until July 2024 and does have a 5-year option to renew. Has 2,903 on the square footage. The dining room downstairs is fitted with beautiful furniture and fixtures. It offers seating for 48 with private booths even. The upstairs can easily fit another 30-40 seating. Kitchen offers a type 1 hood system, an extra huge walk-in refrigerator, and lots of storage space. Self-standing building that sits on the corner of 2 busy streets.

Market Competition and Expansion:

About 3000 square feet with an open floor plan which is perfect for live entertainment, karaoke or even dancing all of course when the time is right. Daily sales here are averaging $800 to $1,000 which is pretty good considering no marketing or advertising is being done, this whole covid situation, and current owners have only had this restaurant for just a few months. Please see the seller’s reason for selling. The upstairs unfinished dining area and balcony offer so much tangible potential to this restaurant. Limited competition in the area.

Reason for Selling:

Partnership is dissolving

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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