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Listing #2092Profitable Boutique Restaurant with Gorgeous Views and Cuisine Price: $400,000











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This is a profitable boutique style restaurant with spectacular views of the water and Cascades. The menu and recipes are included consisting of continental american cuisine prepared with seasonal,locally bought food. Centrally located in the heart of a downtown city in Northwest Washinton state this restaurant is housed on the top floor of a 15 story office building near theaters, retail shops, a museum and many other businesses.

Current hours of operation are from 11:00am to midnight Monday-Friday and 4pm to midnight Saturdays, and 4:00pm to 9:00pm Sundays. It is truly a beautiful space with great economic potential.

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





General Information Highlights
Listing Status: Available
Price: $400,000
Location: WA Bellingham
Last Year's Annual Gross: $707,776
Last Year's Adjusted Net: $93,562
Lease Information: 6.5 yrs remaining (exp 2016) + 3, 5 yr options
Monthly Rent: $3,600
Liquor License: H
Indoor Seating: 88
# of Part-Time Employees: 12
# of Full-Time Employees: 5
Hours Open: 11:00am -midnight Monday-Friday 4:00pm - midnight Saturdays 4:00pm - 9:00pm Sundays
Year Established: 2003
Inside Sq. Ft.: 2500
Hood System: Yes
General Information Highlights
  • Spectacular views of Puget Sound and the Cascades
  • Specialty boutique restaurant
  • Located in the heart of downtown Bellingham
  • Near theater, shops, museum, and water
  • Great menu prepared with fresh, local ingredients
  • Great community
  • Desired travel destination for shopping and dining
  • High population and growing
  • Close to LaConnor, Mt. Vernon and Mt. Baker
  • Hood one type system, large commercial grade refrigerator and walk in freezer, nice size kitchen.
  • Ample storage space and onsite office
  • Ample street parking with additional lot parking.
 
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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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