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#3609
Seattle and Greater Puget Sound

Cafe and Tea Shop for Sale in North King County

$79,000
Cafe and Tea Shop for Sale in North King County
This Listing is Expired

One of the most attractive cafe's and retail tea and gift locations one will find.  The decor reminds one of a Victorian cottage, filled with attractive and high quality furnishings and decorations. The design gives a very inviting and cozy atmosphere that makes one want to linger. Customers are able to able to shop for unique funtional and decorative items, while they enjoy a meal, or dessert with a cup of tea. The location is highly visible to vehicle and foot traffic and near employment centers.   It contains original artwork, hand painted chandeliers, flower covered tablecloths, and many vintage items.  Natural light from windows adjacent to the street give the place a sun filled feeling. Two private party rooms give extra opportunity for generating income for birthdays, meetings, and tea parties. The Kitchen is modern and  well equipped with like new refrigeration and stainless steel work areas.

This is a GSRE, LLC listing

President, PRB Inc. & BBMT, Inc. Mel Jones

Lease

Region:
Seattle and Greater Puget Sound
Lease Term:
May 31, 2014 + 5 yr option
Total Monthly Rent:
$2,738
Security Deposit:
$2,500

Financials

Last Year's Annual Gross:
$171,272

Operations

# of Part-Time Employees:
7
Hours Open:
M-F 9:30 am to 4:00 pm
Sun 11:00 am to 4:00 pm
Year Established:
2009

Facilities

Indoor Seating:
50
Inside Sq. Ft.:
2,148

Highlights

  • Cafe and Tea Shop
  • Desserts & Gift Items
  • Walking and Foot traffic
  • Charming and beautifully decorated
  • High quality furnishings and equipment
  • Two private banquet or party rooms
  • Large selection of hard to find teas
  • Great meeting place with festive atmosphere
  • Modern kitchen facilities and refrigeration
  • Wonderful Ambience

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 25,400 96,627 223,165
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 11,905 36,777 85,617
2010 Persons Per Household 2.43 2.42 2.41
Median House Value $351,000 $365,023 $371,047
Income Per Household $71,720 $76,789 $76,165
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 786 2,546 6,248
2012 Number Of Employees 23,410 63,818 151,712
2012 Total Annual Payroll $731,024,000 $1,797,376,000 $3,955,773,000

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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