Charming, Established Turnkey Restaurant/Bar

Laura Miller
Direct: (206) 351-3573

Gibraltar, LLC
Main: (206) 367-6080

BUSINESS OPPORTUNITY - Listing #: 701171

Charming, Established Turnkey Restaurant/Bar - Rare opportunity restaurant and bar has it all!

0 Confidential , Seattle WA98121

Agent Remarks

Well-established restaurant/bar in Seattle's buzzy Belltown/Seattle Center/SLU hub. Steps from Climate Pledge Arena, a multi-purpose indoor venue which sees 2.8 visitors annually for a high volume of music and sporting events. Established in 2009.
Charming brick building features large wood-framed storefront windows, herringbone floors, full bar, display kitchen with 10 foot Type 1 hood and walk-in cooler. Seating for 50. Upside in expanding hours of operation. Excellent foot traffic. Take over existing European bistro concept, or bring your own concept,

New 10-year lease available: $35 per sq ft base rent plus $17.21/ SF NNN (2025) = $7,536 per month total (includes water/sewer expense). Landlord willing to offer free rent during build out and potential TIA amortized into the Lease Rate.

County

King

Market Area

Belltown/Denny Regrade

Price

$ 195,000

 

Business Characteristics

Category

Food and Beverage

Hours of Operation

# Full Time Employees

9

# Part Time Employees

5

Days Open

Year Established

2008

Leasable SF

1,732

# Parking Avail

0

Seating Capacity

50

# Years/Cur Own

17

Living Quarters

No

 

Financial Information

Annual Gross Income

$ 1,100,000

Operating Expenses

$ 1,100,000

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