Asking Price: $250,000

Gross Revenue: $640,389

Cash Flow: $93,435

Inventory: $7,000 (Not Included in Asking Price)

FF&E: $30,000 (Included in Asking Price)

Seller Financing: Seller financing based on the Buyer’s financial statement and credit report.

This business is located in the near the downtown Seattle and the University of Washington. The restaurant has excellent street visibility with several new developments underway. Walking traffic is also brisk. Ownership opened this location more then twenty years ago and rapidly become a favorite for locals, students and tourists. The restaurant is open from 11:30 pm - 10:00 pm Monday – Thursday, Friday 11:30 pm - 11:00 pm, Saturday 5:00 pm - 11:00 pm and Sunday 5:00 pm - 10:00 pm serving both lunch & dinner. The restaurant has a beer and wine license. The restaurant can accommodate up to 66 customers.

Year Established: 1987

Employees: 4 full time - 10 part time

Facilities: The restaurant occupies approximately 1600 square feet of space according to their lease. The rent for this space is $3,500. The current lease has more then two years remaining with one five year option. The restaurant can accommodate up to 66 customers.

Market Outlook and Competition: The restaurant has excellent street visibility with several new developments underway.

Management Training and Support: Seller will provide up to two weeks of transition training post sale.

Reason For Selling: The sale is motivated by the owner’s desire to retire.