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Restaurants & Food · Bar/Liquor

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

King County, WA

Asking price
$120,000
Cash flow
$65,563
Revenue
$229,967
Multiple
1.8×

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About this business

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.

Details

Inventory$7,600
Furniture, fixtures & equipment$62,000
Reason for saleMoving out of state
LocationKing County, Washington

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