Hot Listing
Establish Restaurant In a Great Location
Business Description
The business is located north of downtown in a predominately residential neighborhood which has limited prime commercial space. For over 20 years this restaurant has been under one owner. It consistently garners great reviews and is well regarded in the Seattle community. The established customer base is a high end demographic. It is profitable and at the same time there is potential with added marketing to make it more than it has been. It would be a good fit for a chef owner or an established operator looking to expand.
About the Business
- Years in Operation
- 25
- Employees
- 15
- Facilities & Assets
- Fully equipped kitchen with ranges, refrigeration, pots, pans and all needed small wares. All equipment is owned and included with sale. Seats and banquets for approximately 65 inside and an additional 25 seats outside. Plates,, flatware and glassware are included.
- Market Outlook / Competition
- There are other restaurants in the area but the community around is affluent enough to support the existing businesses. There are limited good retail locations in the area. Current lease is under market rate.
- Opportunities for Growth
- While the business is profitable at existing volume there is potential to expand hours and otherwise take steps to increase volume substantially.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,500
- Rent
- $6,890.00 per month
- Lease Expiration
- 12/31/2035
About the Sale
- Seller Motivation
- Retiring.
- Transition Support
- Training and support to be negotiated as needed.
- Financing Options
- Seller Financing possible
Listing Info
- ID
- 2248756
- Listing Views
- 3539
Listing ID: 2248756 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.