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Listing #3528$1M+ Sales Waterfront Eastside Restaurant with Seller Financing Price: $195,000











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Rare eastside waterfront restaurant overlooking the Lake and Marina. Done in elegant Mediterranean motif.  The restaurant has a cocktail bar, fully equipped kitchen with two hoods many prep stations, two grills, stoves, a cocktail station, and more. Serves lunch and dinner weekdays-breakfast on the weekends. There is a second floor that is unfinished and available for expansion by the new owner.Seller terms with 50% down, 4 year term, at 6% interest.

This is an Add Value Alliance, Inc. dba Washington Brokers listing.





General Information Highlights
Listing Status: Available
Price: $195,000
Location: WA Eastside King County
Last Year's Annual Gross: $1,085,000
Lease Information: Expires May 2015 + two 5 year options
Monthly Rent: $9,250
Liquor License: H
Indoor Seating: 90
Outdoor Seating: 50
# of Part-Time Employees: 30
Year Established: 2009
Hood System: Yes
General Information Highlights
  • Rare Waterfront Eastside Restaurant For Sale
  • More than $1 million annual sales
  • May be sold with adjacent nightclub listing #3529 to increase sales
  • Fully equipped with two hood systems
  • Very popular large outdoor patio in spring and summer
  • Full service restaurant and bar experience
  • High foot traffic and popular destination location
  • Very easy to expand as your business grows
  • Very favorable household inch,e demographics
  • Take over this business at rock bottom price
  • Instant equity will grow through success of summer months
  • Seller and landlord open to fair negotiation
 
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The information contained in this offering profile was provided by the Seller and is believed to be accurate. WABrokers has not verified the information and therefore makes no representations or warrantees as to its accuracy or completeness. 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 the last year's owner's cash flow (3) Annual Payroll is last year's and does not include any owner wages.

 



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