1111 1111
North Bend WA 98045
Listing #: 658841 | Status: Available | Last Modified: 4/23/2024 |
- Phone:(206) 909-3314
- Email:mpeizer@comcast.net
- Office Name:Peizer Commercial Real Estate
- Office Phone:(206) 909-3314
- Office Website:
- Call Listing AgentYes
- Use DiscretionNo
Please call for an appointment to tour.
- Listing Date*10/2/2023 12:00:00 AM
- Last Modified Date4/23/2024 3:41:06 PM
- List Price475000
- Selling Commission4%
- Lease expiration05/30/2026
- Selling ExclusionsFalse
- Monthly Rent3485
- Monthly NNN/CAM
- Equip Rent Mo
- Type/Name of BusNorth Bend Restaurant
- Hours of Operation4:00 PM to 9:00 PM
- Days OpenTuesday to Sunday
- Year Established2016
- Leasable SF2200
- # of Parking Available4
- Seating Capacity89
- Living QuartersFalse
- Living Quarters Descr
- Annual Gross Income737351
- Operating Expenses562512
- Net Profit174839
- Reason for SaleRetiring
- Real PropFalse
- InventoryFalse
- Fix & EquipTrue
- $75,000
- Bus Phone1
- Trade Name0
- Excl ItemsFalse
- CBA Flyer
- Building NameNorth Bend Restaurant
- CategoryFood and Beverage
- Address1111 1111
North Bend, WA 98045 - CountyKing
- Vicinity
- Market Area235-Snoqualmie/N.Bend
- TB Map Grid
- Other Map Page
- Zoning
- Full Time7
- Part Time3
- Data Avail w/OffrYes
- Pft/Loss State #Yrs3
- Balance Sheet3
- Schedule C #Yrs3
- YTD Oper StateYes
- All CashYes
- Min Down
- Interest
North Bend Restaurant
This is a very popular and well established restaurant with an experienced Owner with over 40 years in the industry. This restaurant is located on a strategic corner in North Bend and includes very favorable lease terms with an Option and modest annual rent escalators of only $100 per year on a "Gross" Lease. Lease also includes a Right of First Refusal to purchase the real estate. Current hours of operation are limited. However, there are no restrictions to open for breakfast, lunch and weekend brunches which provides opportunity for increased sales. New food faire concepts could also be considered. Off-street and free on-street parking is available. This is a totally a "Turn-Key" operation including a Class 'H' Liquor License and enjoying the benefits of a successful operation.
