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#3590
Bellevue ~ Redmond ~ Issaquah ~ Snoqualmie

Exceptional Turnkey Full Service Restaurant and Bar Eastside King County

$199,000
Exceptional Turnkey Full Service Restaurant and Bar Eastside King County
This Listing is Expired

This is an exceptional turnkey full service restaurant and bar location on eastside of King County, situated in an ideal family oriented suburban community with historical revenues that have exceeded $1 million annually. The restaurant is great for breakfast, lunch, and dinner not only for local people, but also for lots of tourists who come to visit. It's open 7 days a week and has nighty happy hours from pm to 6 pm, and from pm to close on Fridays and Saturdays. Even in a cold and rainy day you will feel warm and cozy. The meal is made from fresh and local ingredients and the prices are reasonable. The owner of the restaurant created a very relaxing atmosphere that makes you feel comfortable.

 

This is a Keller Williams Greater Seattle listing.

This is a Add Value Alliance, Inc. listing.
Founder Lawrence Braden

Lease

Region:
Bellevue ~ Redmond ~ Issaquah ~ Snoqualmie
Lease Term:
8 years plus two 5 year options
Total Monthly Rent:
$5,089

Financials

Last Year's Food Cost %:
35
Last Year's Payroll Cost %:
27

Operations

Liquor License:
H
# of Full-Time Employees:
10
# of Part-Time Employees:
14
# of Family Employees:
1
Hours Open:
M - Th 11am-9pm
Fri - Sat 11am-Close
Sat- Sun 8am-11pm
Hood System Type 1:
Yes

Facilities

Inside Sq. Ft.:
2,650
Outside Sq. Ft.:
650

Highlights

  • Great Eastside King County Location
  • Fully-Service Family Restaurant and Nice Classy Adjacent Bar
  • open 7 days a week
  • great place for breakfast, lunch, and dinner
  • nightly happy hours from 4pm-6pm, and from 9pm-close on Fridays and Saturdays
  • excellent service
  • it has outdoor seating in a warm sunny day
  • good for kids, including menu and activities
  • the prices are reasonable
  • the meal is made from fresh and local ingredients
  • very comfortable and cozy place

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 3-mi. 5-mi
2014 Total Population 13,556 17,518
Households 3-mi. 5-mi
2010 Number Of Households 4,278 6,357
2010 Persons Per Household 2.94 2.86
Median House Value $418,900 $442,349
Income Per Household $121,415 $112,376
Businesses 3-mi. 5-mi
2009 Number Of Businesses 292 418
2012 Number Of Employees 8,950 10,026
2012 Total Annual Payroll $197,236,000 $216,342,000

click for more demographic info

Disclaimer

 

Notice: The information contained in this offering profile was provided by the Seller and is believed to be accurate. Charter Business Brokers and its affiliates such as WABrokers has not verified the information and therefore makes no representations or warrantees as to its accuracy or completeness. The User (that's you reading this) of this Website understands that Charter Business Brokers ("Broker") or its broker (s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it.  In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User.  This profile is subject to the Confidentiality Agreement and Disclaimer as agreed to and acknowledge by the Buyer. Please note: (1) Sq. ft. is estimated (2) Adj. Net represents last year's estimated owner's cash flow (3) Annual Payroll is last year's and does not include any owner wages.

This is a "Charter Business Brokers" Listing.



 


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