Profitable Eastside Steak and Seafood Restaurant

Selling Restaurants presents this profitable Eastside Steak and Seafood Restaurant in the heart of a large eastside King County neighborhood. This is a well established Landmark restaurant and location with more than a decade of operating success. There is a loyal and consistent customer base since there is very little competition for this restaurant concept in the area that provides both high quality steak and seafood at a reasonable price, including savory oysters! It is American Regional Cuisine prepared to order. Imagine stepping right into a profitable business, ride the coat tails of success, and seize many opportunities to take this venture to the next level. For example, this i good upside potential to expand operating hours to include lunch.

There are approximately 68 seats in the dining room and 30 in the adjacent lounge. There is also nice outdoor patio seating available that is surrounded by greenery. The galley kitchen design with server window is very efficient to serve high volumes with fewer staff. The employees are extremely loyal and there is very little turnover as they are independent, capable, well paid, and need to work fewer hours than most other places. This in turn saves the restaurant from the need for a general manager and would provide an exceptional opportunity for an owner/operator to seize even more profits since the current owners provide only limited supervision and do not work the front nor are chefs themselves. However, absentee owners could still capture consistent profits. There is a large Type I hood system in place with a modest size walk in and gas grills.

The food selection is simple yet high quality featuring Aged Nebraska Corn-fed Beef and fresh local Seafood. Seasonal Fresh Alaskan Halibut, Wild Salmon, Alaskan King Crab, Manilla Clams, fresh Oysters and Scallops. Voted "Best Place for Dinner" 2004 by voters and is proud to be one of the few independent owned and operated American Regional Cuisine concepts in the Seattle area. All entree's are inclusive meals served with fresh seasonal vegetables, choice of potato or pasta, and your choice of a mixed green salad or soup of the day and reserve orders for Prime Rib Specials.

This is an Add Value Alliance, Inc. listing.

Demographics

Population	3-mi.	5-mi
2014 Total Population	63,948	216,624
Households	3-mi.	5-mi
2010 Number Of Households	24,008	81,110
2010 Persons Per Household	2.42	2.38
Median House Value	$465,200	$461,783
Income Per Household	$99,192	$92,345
Businesses	3-mi.	5-mi
2009 Number Of Businesses	2,398	8,373
2012 Number Of Employees	161,508	322,712
2012 Total Annual Payroll	$4,294,967,295	$4,294,967,295

click for more demographic info

Disclaimer