No Competition, Unique Profitable Restaurant

Not Disclosed, WA
King County


Asking Price: Annual Revenue:
$299,000 $480,498

Food & Beverage: Restaurants, Fast Food, Deli


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RE: No Competition, Unique Profitable Restaurant Broker: Judy Elrod

Quick Facts

Asking Price: $299,000
Annual Revenue: $480,498
Net Profit: Not Disclosed
Cash Flow: $120,695
Total Debt: Not Disclosed
FF&E: $30,000
Real Estate: Not Disclosed
Year Established: 2008
Employees: 13
BBN Listing #: 10034955
Broker Reference #: 8004-14297

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Business Overview:

Unique customer base with NO competition. Kosher certified. Strong sales of kosher and vegetarian cuisine at prime location in Seattle area. Sole provider of kosher food to area hotels and conferences. Customers seek out this restaurant. High margin, high demand. Well staffed with Chef and Managers that run the day-to-day operation. Owner has an outside corporate job and is semi-absentee. Open daily except Saturdays.

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Property Features and Assets:

Prime location in office building in vibrant high-end area. Very attractive and well set up. It has a private dining room for large parties and gatherings. Kitchen can handle large catering orders in addition to restaurant traffic. Long-term lease can be negotiated with landlord. Assets= $32,000

Market Competition and Expansion:

There are no other Kosher certified restaurants in the area. It is also highly popular for its extensive menu of tasty vegetarian dishes. It has an outstanding reputation for delicious food and service. It is the go-to provider of Kosher meals for all downtown Seattle and Bellevue hotels. There is high demand for food that conforms to the dietary regulations of this community. This has a niche--both Kosher and Vegetarian that can be a goldmine! Great potential to expand catering to airlines, cruise ships and local grocery supermarkets. Owner has not had the time to market this restaurant.

Reason for Selling:

Retiring

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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