1888 Undisclosed
Lakewood WA 98499
Listing #: 711345 | Status: New | Last Modified: 4/13/2026 |
- Phone:(206) 898-1681
- Email:gracechan@wabesthomes.com
- Office Name:Specialty Real Estate Group LLC
- Office Phone:(206) 407-5452
- Office Website:
- Call Listing AgentYes
- Use DiscretionNo
- Listing Date*4/11/2026 12:00:00 AM
- Last Modified Date4/13/2026 7:27:37 AM
- List Price1500000
- Selling Compensation2.5%
- Lease expirationN/A
- Selling ExclusionsNo
- Type/Name of BusAsian Franchise Restaurant & Bar
- Hours of Operation
- Days Open
- Year Established2020
- Leasable SF3500
- # of Parking Available
- Seating Capacity75
- Living QuartersNo
- Living Quarters Descr
- Annual Gross Income2120000
- Operating Expenses1620000
- Net Profit500000
- Reason for Sale
- Real PropNo
- InventoryYes
- Inventory Value
- Fix & EquipYes
- Bus Phone1
- Trade Name1
- Excl ItemsNo
- Building NameLakewood Mall
- CategoryFood and Beverage
- Address1888 Undisclosed
Lakewood, WA 98499 - CountyPierce
- Vicinity
- Market Area610-Lakewood
- TB Map Grid
- Other Map Page
- Zoning
- Full Time2
- Part Time13
- Data Avail w/OffrYes
- Pft/Loss State #Yrs
- Balance Sheet
- Schedule C #Yrs
- YTD Oper StateYes
- All CashYes
- Min Down
- Interest
Highly Profitable Asian Franchise Restaurant & Bar
Rare highly profitable, established, trendy and turnkey franchise Asian restaurant and bar business, located in a high traffic strip mall. Strong franchise support and low franchise fee. This well-known local establishment has built a loyal customer base and consistently delivers strong financial performance with reliable year-over-year growth. Spacious and welcoming atmosphere with over 80 sitting, have made it a staple gathering place within the community. The business benefits from a favorable location with a supportive landlord, and very attractive lease terms; and a dependable, tenured staffs that help ensure smooth daily operations. The current ownership has maintained a consistent operational model with strong franchise support. While already performing strongly, there remains additional upside for a new owner through enhancing alcohol sales, current bar is not fully utilized. Additional information is available to qualified buyers upon execution of a Non-Disclosure Agreement. *Sales figures based on 2025 Tax Return.