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Listing #1906 | Established Profitable Landmark Restaurant w/Real Estate off I-5 w/ 5% Seller Financing! |
Price: $2,500,000 |
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Washington Brokers presents this Stunning and Unique Landmark restaurant on nearly a half acre of land near I-5 in Snohomish County. Details of this very special property are reserved for qualified buyers and developers for confidentiality purposes, but this is certainly a very rare and exciting real estate opportunity NOT to be missed! Imagine owning more a half acre of prime real estate in the heart of town right off I-5 with gross income ranging from $1.1M to $2.4M per year over the past 5 years on just one of six separate tax parcel numbers included in this sale. This is a developers dream come true! The anchor business is well established and the city is currently encouraging commercial development.
This is an Add Value Alliance Inc. listing.
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| Listing Status: |
Available |
| Price: |
$2,500,000 |
| Location: |
WA Snohomish County
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| Last Year's Annual Gross: |
$1,220,343 |
| Last Year's Adjusted Net: |
$120,000 |
| Liquor License: |
Full |
| Indoor Seating: |
20 |
| Outdoor Seating: |
16 |
| # of Part-Time Employees: |
29 |
| # of Full-Time Employees: |
5 |
| Hours Open: |
Hours
Monday - Thursday 9:00 AM - Close
Friday - Sunday 8 AM - Close
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| Year Established: |
1989 |
| Inside Sq. Ft.: |
13000 |
| Outside Sq. Ft.: |
450 |
| Lot Sq. Ft.: |
28800 |
| Hood System: |
Yes |
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- Very Unique Landmark Restaurant and Bar Experience
- Nearly a Half-Acre right off I-5
- Gross revenue exceeds $1.1M Gross up to $2.4M over 5 Years
- Banquet room, loft, and, outside seating available
- 5% Seller Financing!!!
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Other Listings In The Area
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Turnkey Pub and Grill Restaurant For Sale in Snohomish County Resort Area |
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Location:
Lease: expires January 31 2015 + 2 - 5 yr options
Annual Revenue: $511,000
Sq. Ft. 3
Price: $230,000
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