Profitable Award-Winning Restaurant – 4.7/5 Star Rated Over 850 Reviews!!!

For Sale in Burien, WA

Listing ID: 31861-482034 | Broker Listing ID:

Financial & Assets Details

Revenues: $799,839

Cash Flow: $260,550

FF&E: $100,000

Inventory: $500

Inventory Inc. in Price: Yes

About the Business

Year Established: 2014

Employees: 0 F/T 14 P/T

Lease Amount: $4,500

Seller Financing: Yes

Business Description

Don’t miss out! This is your opportunity to buy a profitable, award-winning restaurant with a wonderfully warm environment, high in demand for their ambiance, and most importantly, their food.

They have earned over a 4.7 Star average rating over 850 reviews! Recipient of Evening Magazines “the Best of Western Washington” this business is an award winning restaurant, with the demand to show for it. People are lining up to get in, followings are forming in Tacoma and Bellevue and requests have been made to open locations in those markets. The owners are ready to retire and focus on other aspects of life. Grab a bite of the growing Burien market from one of the highest rated, most desirable locations in the area.

Growth & Expansion

-Continue to focus on growing the catering division
-Expand existing contract with Boeing, built in business
-Grow additional locations (there is demand in Tacoma and Bellevue)
-Paid marketing, most business currently is the result of word of mouth
-Mobile delivery service added (Uber eats, etc)

Seller Financing

Seller financing available for qualified buyers, terms to be negotiated based on buyer experience and financials.

Market Competition:

“For the first time on record in December, monthly sales at restaurants exceeded grocery store sales, according to the data from the U.S. Census Bureau. This development was hinted at through preliminary data releases in recent months, but was officially confirmed by today’s annual benchmark of Census data…… the most shocking part of the chart is the dramatic shift towards restaurants that occurred in the last 10 months. In June 2014, grocery stores exceeded restaurant sales by $1.6B. By April 2015, the gap had essentially reversed, with restaurant sales moving out in front by $1.5B. In fact the #3.1B sales shift registered during the last 10 months is nearly as much as occurred during the previous 4.5 years” - BRG 2017