00000 Capitol Hill Restaurant Opportunity
Seattle WA 98122

00000 Capitol Hill Restaurant Opportunity Seattle WA 98122

Listing #: 651162 | Status: Available | Last Modified: 3/21/2024 |

Laura Miller
  • Phone:(206) 351-3573
  • Email:laura@gibraltarusa.com
  • Office Name:Gibraltar, LLC
  • Office Phone:(206) 367-6080
  • Office Website:
Showing Instructions
  • Call Listing AgentYes
  • Use DiscretionNo

NDA required. Contact listing broker for more information.

Listing Information
  • Listing Date*4/20/2022 12:00:00 AM
  • Last Modified Date3/21/2024 5:23:36 PM
  • List Price375000
  • Selling Commissiongreater of 5% of sale price or $5,000
  • Lease expiration11/29/2028
  • Selling ExclusionsFalse
Lease Information
  • Monthly Rent3781
  • Monthly NNN/CAM1037
  • Equip Rent Mo
Business Characteristics
  • Type/Name of BusCapitol Hill Restaurant w/ Type 1 hood
  • Hours of Operation
  • Days OpenMon-Sat
  • Year Established2018
  • Leasable SF1675
  • # of Parking Available2
  • Seating Capacity26
  • Living QuartersFalse
  • Living Quarters Descr
Operating Information
  • Annual Gross Income1485979
  • Operating Expenses1309781
  • Net Profit176198
  • Reason for Sale
Selling Price Includes
  • Real PropFalse
  • InventoryFalse
  • Fix & EquipTrue
  • Bus Phone1
  • Trade Name1
  • Excl ItemsTrue
Associated Files
  • CBA Flyer
Building Information
  • Building NameProfitable Turn-Key Restaurant
  • CategoryFood and Beverage
  • Address00000 Capitol Hill Restaurant Opportunity
    Seattle, WA 98122
  • CountyKing
  • Vicinity
  • Market Area110-Capitol Hill/First Hill
  • TB Map Grid
  • Other Map Page
  • Zoning
Special Licenses
# of Employees
  • Full Time5
  • Part Time10
Documents
  • Data Avail w/OffrYes
  • Pft/Loss State #Yrs3
  • Balance Sheet
  • Schedule C #Yrs3
  • YTD Oper StateYes
Proposed Terms
  • All CashYes
  • Min Down
  • Interest

Capitol Hill Modern Bright Turn-Key Restaurant

Public Comments

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.