Profitable Turn-Key Restaurant

Laura Miller
Direct: (206) 351-3573

Gibraltar, LLC
Main: (206) 367-6080

BUSINESS OPPORTUNITY - Listing #: 651162

Profitable Turn-Key Restaurant - Capitol Hill Restaurant w/ Type 1 hood

00000 Capitol Hill Restaurant Opportunity , Seattle WA98122

Agent Remarks

Strong Sales! 2022 sales $1.5M with net profit of $176K. Rare opportunity to bring your concept, or take over existing, proven concept. Prime corner location at the base of recently constructed 80-unit apartment in the heart of Capitol Hill. New modern build-out in 2019 features display kitchen with 16 foot Type 1 hood, exposed brick, concrete floors, high ceilings, great natural light, large operable storefront windows, and patio seating area. Ideal for fast casual/counter service, full-service restaurant, or coffee/café concepts. Seating for 40. 2 reserved parking stalls $250/month per stall.

County

King

Market Area

Capitol Hill/First Hill

Price

$ 375,000

 

Business Characteristics

Category

Food and Beverage

Hours of Operation

# Full Time Employees

5

# Part Time Employees

10

Days Open

Mon-Sat

Year Established

2018

Leasable SF

1,675

# Parking Avail

2

Seating Capacity

26

# Years/Cur Own

4

Living Quarters

No

 

Financial Information

Annual Gross Income

$ 1,485,979

Operating Expenses

$ 1,309,781

Informational Links