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BUSINESS OPPORTUNITY - Listing #: 704243
WALLINGFORD RESTAURANT - WALLINGFORD RESTAURANT
1700 45TH STREET , SEATTLE WA98103
Agent Remarks
RESTAURANT FOR SALE, BUSINESS OPPORTUNITY, ASSET SALE
- Asking Price $225,000
- Seller Financing available
- Well established Family-owned business for over 10 years
- New Lease W/Options available
- 5,016 SF Building
- 2 Stories
- 3,214 SF Restaurant Space, 1st Floor Street Level
- 850 SF Outside Veranda Patio
- 1,552 SF Apartment Space upstairs, 2nd Floor ( additional Rental Income or Staff Housing)
- Stand-Alone Building
- Easy access to I-5, the U District and downtown Seattle
DESCRIPTION NARRATIVE
Located in the Heart of the Wallingford restaurant district, this location offers, visibility, location and great Vibes. It’s one of the premier dining choices in the Greater Seattle Area. Take this opportunity to start your own dream restaurant in a well-established community. Offering dine in, take out, box lunches, and catering services for small groups to large gatherings. The location also comes with a two bedroom and one bath apartment upstairs for staff or additional rental options.
The restaurant also features an outdoor backyard veranda patio area for private venues or general outside dining, while you gaze up at the Stars.
The location includes lots of extra storage space, a karaoke system and/or stage for live music events, a Full Bar and seating for up to 130 people, including Booths, general seating and a private inside seating area for private parties and gatherings.
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County
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King
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Market Area
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All Seattle
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Price
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$ 225,000
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Business Characteristics
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Category
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Food and Beverage
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Hours of Operation
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# Full Time Employees
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4
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# Part Time Employees
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6
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Days Open
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Year Established
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2002
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Leasable SF
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N/A
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# Parking Avail
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N/A
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Seating Capacity
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125
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# Years/Cur Own
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25
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Living Quarters
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Yes
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Financial Information
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Annual Gross Income
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$ 578,100
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Operating Expenses
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$ 354,000
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Informational Links
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