Small Greek Restaurant In Growing Suburb
Location:
United States
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Washington
->
Seattle
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)
Business Summary
Small, quaint restaurant being put up for sale by owner that is relocating. This restaurant for sale lies in the heart of Puyallup on the main street running through town. It has excellent foot traffic and is centrally located within walking distance of numerous other businesses and only a 5 minute walk to the Puyallup Fairgrounds. This restaurant for sale seats about 50 people and gives off an aura of coziness, familiarity, and comfort. The present owner has it set up as a Greek restaurant, but it can be made into just about any type of restaurant you seek.
The market value of this business is roughly $120K but due to circumstances the owner is selling for substantially under what it is worth. All fixtures come included with the restaurant, including a 6 burner stove, double oven, walk-in refrigerator,large griddle, and much more. Liquor license included. The restaurant is well known in the community and has been given good coverage by local newspapers as well. Not to be overlooked, it is a couple minute walk to the commuter train to Seattle, assuring you consistent patronage from people who commute daily. Grab this chance to own the ideal restaurant, which you can customize and make into your own specialty restaurant, family restaurant, or whatever restaurant you wish to own. Asking price is $70K. Email or call Kevin Kim (425)641-5578.
Financials
Asking Price Range: < $250K
Gross Revenues:
$175,000
Cash Flow:
$60,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $95,000
Seller Financing: No
About The Business
Year Established: 2006
Number of Employees: 4 - 5
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Reason For Selling: Relocating.
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Click on the "I'm Interested" button above for more information on this Food and Beverage > Restaurants and Fast Food (Non-Franchise) business for sale.
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Print Listing Id: 70099286
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