Profitable Trendy Neighborhood Café and Bar (Full Liquor) in Seattle

King County, Washington

*If you are interested in this listing, please complete the Contact Form and our automated system will send you an email with a link to the NDA.  Once the NDA is signed, the link to the marketing packet will be sent to you in a separate email.  Please allow a few minutes for the emails to land in your inbox.

This charming café and neighborhood bar has been in the Seller’s possession for one year, but has already established itself financially, seeing $230k Gross Revenue and $65k SDE.  Priced at under 2X the SDE, this opportunity is a steal.  There is a lot of stability and potential with this business.  Please see details below:

  • $229,967 Gross Revenue, $65,563 SDE
  • $3,279 Base Rent + $1,134 CAM, 2,706 sqft
  •  Strong recurring revenue with their daytime business as a “third-place” and nighttime business as the local watering hole
  • Extremely high local reputation as a welcoming local hangout
  • Entertainment-forward differentiator supports repeat visits and longer customer stays
  • Ideal buyer will be an owner-operator looking for an established café/bar to forego the huge startup costs and difficult first years

 

*This establishment does not have a kitchen hood.

Listing Number:

25027

Category:

Bar/Liquor

Location:

King County, Washington
$120,000

Financial Information:

Gross Revenue:

$229,967

Listed Price:

$120,000

Down Payment:

$0

Total Income:

$65,563

Year Established:

N/A

Lease Information:

Square Feet:

2706

Total Rent:

$4,414

Lease Expiration:

07/2027

Lease Options:

1, 5 year

Asset Information:

Leasehold Improvements:

$8,000

Equipment / Fixtures:

$62,000

Inventory:

$7,600

Other Assets:

N/A

Additional Information:

Full-Time Employees:

0

Part-Time Employees:

3

Special License Required:

N/A

Contract Staff:

0

Training Period:

1 Week

Reason for Selling:

Moving out of state

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First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker, Terms of Use before responding to any ad.

brokerPhoto
James Shin
Office: (626) 484-7797 | Cell: (206) 590-1792
License #: WADOL Managing Broker Lic. 24001703; CADRE Lic. 01421813

By clicking the button, you agree to First Choice Business Broker Terms of Use and Privacy Notice

brokerPhoto
James Shin
Office: (626) 484-7797 | Cell: (206) 590-1792
License #: WADOL Managing Broker Lic. 24001703; CADRE Lic. 01421813

By clicking the button, you agree to First Choice Business Broker  Terms of Use and Privacy Notice

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Profitable Trendy Neighborhood Café and Bar (Full Liquor) in Seattle
King County, Washington

Listing Number:

25027

Category:

Bar/Liquor

Location:

King County, Washington

Listed Price:

$120,000
brokerPhoto
James Shin
Office: (626) 484-7797 | Cell: (206) 590-1792
License #: WADOL Managing Broker Lic. 24001703; CADRE Lic. 01421813

*If you are interested in this listing, please complete the Contact Form and our automated system will send you an email with a link to the NDA.  Once the NDA is signed, the link to the marketing packet will be sent to you in a separate email.  Please allow a few minutes for the emails to land in your inbox.

This charming café and neighborhood bar has been in the Seller’s possession for one year, but has already established itself financially, seeing $230k Gross Revenue and $65k SDE.  Priced at under 2X the SDE, this opportunity is a steal.  There is a lot of stability and potential with this business.  Please see details below:

  • $229,967 Gross Revenue, $65,563 SDE
  • $3,279 Base Rent + $1,134 CAM, 2,706 sqft
  •  Strong recurring revenue with their daytime business as a “third-place” and nighttime business as the local watering hole
  • Extremely high local reputation as a welcoming local hangout
  • Entertainment-forward differentiator supports repeat visits and longer customer stays
  • Ideal buyer will be an owner-operator looking for an established café/bar to forego the huge startup costs and difficult first years

 

*This establishment does not have a kitchen hood.

Financial Information

Gross Revenue:

$229,967

Listed Price:

$120,000

Down Payment:

$0

Total Income:

$65,563

Year Established:

N/A

Lease Information

Square Feet:

2706

Total Rent:

$4,414

Lease Expiration:

07/2027

Lease Options:

1, 5 year

Asset Information

Leasehold Improvements:

$8,000

Equipment / Fixtures:

$62,000

Inventory:

$7,600

Other Assets:

N/A

Additional Information

Full-Time Employees:

0

Part-Time Employees:

3

Special License Required:

N/A

Contract Staff:

0

Training Period:

1 Week

Reason for Selling:

Moving out of state

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker,
Terms of Use before responding to any ad.