Soulful Soups & Spirits-Restaurant, Bar & Catering

Spokane County, WA
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Asking Price:$196,000
Gross Revenue:$617,171
FF&E:$30,470
Cash Flow:$112,975
Inventory:$4,000
Established Year:2001
BUSINESS DESCRIPTION

Pick up the ladle and acquire a soulful slice of downtown Spokane. Soups on!

This is a turn key opportunity! Soulful currently has an amazing staff and all of the policies & procedures are already in place. The establishment has been a welcoming destination in the downtown corridor since 2001. Current hours of operation are Monday through Friday 11am-8pm. They serve a variety of soup (7-10 a day) along with beer bread, made to order croissant sandwiches & salads. Efficient cafeteria-style service helps with labor costs and also offers guests the opportunity for quick service. Guests can grab-and-go or sit in the dining room and stay a while. Every morning the soup selection and daily specials are posted on their Facebook page (soulfulsoupsspokane).

Soulful offers Trivia Nights on Thursday and has hosted Live Music in the past along with Open Mic and Bingo. Hosts private events in house and also caters!


DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,880
Employees
8
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Standalone building located in the heart of the downtown market it serves. The leased space includes 1,380 sq. ft. on the main floor and 500 sq. ft. in the basement. The current lease expires on November 30, 2025.
Competition
While their are other eateries in the neighborhood this establishment fills a niche as evidenced by its followers comments on Facebook: "Excellent soups great value, and community minded. you just can't go wrong by going here." "They have great customer service! The food is absolutely AMAZING. Love this place!" "Best soup ever!!! Highly recommend trying the jalapeño popper soup!" "Best soup ever!!! Highly recommend trying the jalapeño popper soup!" "Always awesome!!!! I have never been disappointed! Love their soups!!" "Some of the best homemade soups
Growth & Expansion
Growth opportunity: Extend hours. Increase catering. Re-open on weekends. Bring back Open Mic Nights and Live Music.
Support & Training
Will train for 2 weeks @ $0 cost.
Reason for Selling
Seller is relocating out of the state for another business opportunity.
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Brian
Southworth
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Brian Southworth