Restaurant

Not Disclosed, WA
Spokane County


Asking Price: Annual Revenue:
$199,000 $541,152

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Restaurant Broker: Brian Southworth

Quick Facts

Asking Price: $199,000
Annual Revenue: $541,152
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $159,172
Real Estate: Not Disclosed
Year Established: 2017
Employees: 17
BBN Listing #: 33624955
Broker Reference #: 8003-15296

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Business Overview:

Founded during 2017 by an absentee owner this restaurant is fully built-out, fully staffed and needs a full time owner to take it to the next level. The restaurant caters to the food preferences and tastes of college students, young families and working professionals all of who frequent the neighborhood.

The owner states, "We prepare fresh healthy food to customers wanting to eat well, but are on the run. Additionally we've just purchased a liquor license to be able to serve beer and wine to increase our dinner business."

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Property Features and Assets:

Located in a new mixed use, residential and commercial building adjacent to a high traffic arterial the restaurant leases 3,300 sq. ft. in the facility. The initial term of the lease expires in October 2021 and has one five year renewal option. Assets= $496,979

Market Competition and Expansion:

There are other restaurants in the area making this a go to neighborhood for local residents and business people when looking for dining choices. Potential for growth is excellent. This business has been run by an absentee owner since its inception and requires a full time, fully involved owner to take the business to the next level.

Reason for Selling:

Owner wants to pursue other opportunities.

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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