Selling restaurants presents this high quality corner location which is unique in itself because it has three established businesses at the same location. When you walk in you fill so at ease with the warmth of the interior settings. The cheese cake aroma coming from the oven, the comfortable seating area, it gets you prepared for a wonderful breakfast, lunch or dinner. Then if your so inclined you just walk into the next room for a drink and can just relax and enjoy the bar area. This location has it all and the owners have just did a major remodel, all with newer equipment, tables, seating, painted, but have decided to sell so that they can pursue other opportunities. Don't miss this very special and unique business opportunity to build on their success. They've done all of the hard work and I have to tell you their cheese cakes are to die for. This of course is my favorite and the best I've ever tasted, and the secret receipts are even included in the sale along with the trade names, website.
The business is bringing in about $30,000 per month cash flow after one year of being in business and growing.
Buy this as an investment and have employees run or work it yourself to maximize cash flow, your choice, but don't wait, this has so much potential it will go quickly.
This is an Add Value Alliance Inc listing.
Agent - SEO Management John Powers DRE License #WA # 100306
Lease
Region:
Seattle Restaurants For Sale
Lease Term:
9 years remaining at 0.75 Cents sg ft
Total Monthly Rent:
$3,150
Financials
Last Year's Annual Gross:
$360,000
Operations
# of Full-Time Employees:
4
Hours Open:
Tuesday-Sunday 11:00 AM-9:00PM
Highlights
- Cheese Cake retail shop, all on site baking
- Wonderful full service cafe
- Seating for up to 115 people combined
- Three separate businesses in one location
- Full Service Saloon, serving hard liquor
- Over 74,000 dailey commuters passing by business
- Located in Downtown area of Renton
- Excellent parking
- Corner location on a main street in downtown
- Potential catering and delivery to local business and residences
- Remodeled already
- Great lease rate for next 9 years
Financing
Will Seller Lend To Buyer:
No
Demographics
| Population |
1-mi. |
3-mi. |
5-mi |
| 2014 Total Population |
12,642 |
95,800 |
195,835 |
| Households |
1-mi. |
3-mi. |
5-mi |
| 2010 Number Of Households |
5,127 |
35,545 |
68,728 |
| 2010 Persons Per Household |
2.05 |
2.49 |
2.64 |
| Median House Value |
$256,900 |
$296,820 |
$273,218 |
| Income Per Household |
$43,339 |
$62,775 |
$57,681 |
| Businesses |
1-mi. |
3-mi. |
5-mi |
| 2009 Number Of Businesses |
850 |
2,215 |
5,008 |
| 2012 Number Of Employees |
43,906 |
92,876 |
208,476 |
| 2012 Total Annual Payroll |
$1,320,814,000 |
$2,843,997,000 |
$4,294,967,295 |
click for more demographic info
Disclaimer
DISCLAIMER: The User (that's you reading this) of this Website understands that Robert Lee Tade. ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it in addition to seeking professional advice from an attorney as well as a CPA. In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business. Owning a business is a risky venture, but can also be a rewarding one. The User of this website is solely responsible to examine and investigate the Business and or real estate (if included in the sale), its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings. Any decision by User to purchase the Business shall be based solely on User's own investigation and the User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User and User should often review the listing on the website to keep up to date.