Established Restaurant Self Standing Building

Mukilteo, WA
Snohomish County

High Traffic Street

Asking Price: Annual Revenue:
$300,000 $308,758

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Established Restaurant Self Standing Building Broker: Becky SMITH
Owner Financing is Available!
80% down case by case basis.

Quick Facts

Asking Price: $300,000
Annual Revenue: $308,758
Net Profit: $1
Cash Flow: $1
Total Debt: Not Disclosed
FF&E: $12,000
Real Estate: Not Disclosed
Year Established: 1996
Employees: 10
BBN Listing #: 507651531
Broker Reference #: dskstmuk

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Business Overview:

Established and profitable restaurant. Beautiful set up all the way from furniture and fixtures being classy to the grand entrance when you walk in the front door of this restaurant.

A beautiful self-standing building with a fully equipped kitchen.

You name it pretty much any food concept can be made here. But if you keep the same concept this has a long profitable history and a loyal customer base already built up for you. Same owner since 1996.

This restaurant is totally turnkey. Located on the busiest street in town with excellent signage and visibility from the street. Has it’s own parking lot too, so plenty enough parking. Other need to know facts on this gem the lease here is good at $3,800 per month which is quite low especially considering all 2400 square feet that are offered.

Lots of life is left on the lease and still has an option to keep the lease life alive. This is not a franchise so no extra fees, royalties, or restrictions. Has an open floor plan with a full bar but make no mistake this is a family restaurant. Very clean, bright fancy-ish so no need for remodeling or replacing the furniture and fixtures as they all shine.

Located on a high traffic street with not really any similar restaurant competition certainly not at this fine dining level. This restaurant business is operated by 5 Full time and 5 part-time employees.

This kitchen offers a great setup for offering a breakfast menu and this location has the customer base to support that addition to the menu. Also, this kitchen offers a great opportunity for digging deep into the catering dollars as you have space and equipment to do so. The open floor plan is perfect for large party reservations.

Now with light insight at the end of this Covid tunnel, these are all real-life additional tangible profits to be made. If you are or are a wanna-be restaurateur (a person who owns a fancy restaurant) then you really need to see this restaurant up and close, you’ll like what you see.

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Property Features and Assets:

The current lease is only $3,800 per month and expires in March 2022. Has 3-5 year options to renew the lease and is assignable. Self-standing building with 2400 square feet. Fully equipped kitchen with a type 1 hood, deep fryers, walk-in cooler, and lots of freezer and dry storage space this place even has a pizza oven and an office. Offers booths and table seating for up to 100 customers. Has own parking lot and lots of nearby parking as well.

Market Competition and Expansion:

Currently only serves lunch and dinner but this fully equipped kitchen is more than capable of putting out a breakfast menu and also get deep into the catering dollars. And with light in sight at the end of this Covid pandemic these are tangible dollars to be made. Not really any similar restaurant competition certainly not at this fine dining level.

Reason for Selling:

Owner wants to retire.

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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