Prepared by https://cbadev.azurewebsites.net
Listing #: 636651 | Status: Available | Last Modified: 11/16/2021
Showing Instructions | |
---|---|
Call Listing Agent | Yes |
Use Discretion | No |
Listing Information | |
---|---|
Listing Date* | 3/1/2021 12:00:00 AM |
Last Modified Date | 11/16/2021 5:20:55 PM |
List Price | 250000 |
Selling Compensation | 4% |
Lease expiration | N/A |
Selling Exclusions | False |
Business Characteristics | |
---|---|
Type/Name of Bus | Prime Neighborhood Bar with New Speakeasy |
Year Established | 1972 |
Leasable SF | 4,937 SF |
# of Parking Available | 0 |
Seating Capacity | 199 |
Living Quarters | False |
Operating Information | |
---|---|
Annual Gross Income | 9 |
Operating Expenses | 8 |
Net Profix | 1 |
Reason for Sale | has other interests |
Selling Price Includes | |
---|---|
Real Prop | False |
Inventory | False |
Fix & Equip | True |
Bus Phone | 1 |
Trade Name | 1 |
Excl Items | False |
Building Information | |
---|---|
Building Name | Prime Neighborhood Bar with New Speakeasy Feel |
Category | Food and Beverage |
Address | 0 Undisclosed Seattle, WA 98112 |
County | King |
Market Area | 110-Capitol Hill/First Hill |
# of Employees | |
---|---|
Full Time | 0 |
Part Time | 14 |
Proposed Terms | |
---|---|
Seller Term | Yes |
Established, Family Friendly Neighborhood Bar Prime Capitol Hill Location Busy Happy Hour, Trivia Nights and More! 2021 sales have increase past prior years. -Monthly Lease: $10,004 + $2,021 NNN -Lease through December 31, 2023 -Three 5-year options, 2% annual rent increase 4937 square feet Gross Sales 2019: $839,339 Gross Sales 2018: $970,511 -Remodeled in 2014, Renovated in 2020 -Seating: 199 person capacity -Operates with Spirits/Beer/Wine license -Absentee Owner