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Listing #3077Well Established American Comfort Food in Busy Shopping Center Price: $275,000











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This is a well established and meticulous American comfort food restaurant, with a touch of Greek. It is located in a busy shopping center in greater Snohomish County near I-5 This restaurant was re-established by experienced restauranteurs in 2008 with nearly $600,000 of build out and newer furniture, fixtures, and equipment. These owners have established a steady core business and now seeking to retire from more than four decades of success. This is a great opportunity to step into an established successful business for a fraction of the cost of what it would take to build a successful restaurant from scratch. You can step right into this turnkey opportunity and take it to the next level.

This is a WaBrokers, Inc. listing.



General Information Highlights
Listing Status: Available
Price: $275,000
Location: WA Snohomish County
Last Year's Annual Gross: $700,202
Last Year's Adjusted Net: $106,328
Lease Information: Expires March 2013 + two 5 yr options
Monthly Rent: $6,421
Liquor License: B&W
Indoor Seating: 90
Outdoor Seating: 20
# of Part-Time Employees: 8
# of Full-Time Employees: 4
Hours Open: 7am - 830pm M - TH 7am - 9 pm F - S 7am - 8 pm SUN
Year Established: 2008
Inside Sq. Ft.: 3350
Hood System: Yes
General Information Highlights
  • Popular American Comfort Foods
  • Full service restaurant serving three meals a day
  • Turnkey restaurant with sales exceeding $600k per year
  • Bright and clean location with family friendly design
  • Interior skylights and fireplace presents a cozy atmosphere
  • Includes well trained staff
  • Popular with patrons and the media
  • Nearly $600k of build out and Newer furniture, fixtures, and equipment
  • Popular specialties and home-made pies
  • Located In Busy Shopping Center
  • Plenty of Parking
 
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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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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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