Well Known King County Barbeque Restaurant

Bellevue, WA
listing image
Asking Price:$250,000
Gross Revenue:$800,000
Rent:$12,100/Month
Established Year:1989
Cash Flow:$70,000
Inventory:$7,000
FF&E:$100,000
BUSINESS DESCRIPTION

Overview:
Founded in 1989, this presents an extraordinary opportunity to acquire a well-established and flourishing business situated strategically in the Market Design shopping center at the core of Bellevue. This unique opportunity arises for you to assume ownership of this cherished restaurant.

Key Features:

Strategic Location: Situated in the bustling Market Design shopping center, directly opposite Overlake Hospital, this restaurant benefits from a high-traffic area that draws customers from various parts of the region throughout the year.

Turnkey Operation: Fully equipped and operational, ready for immediate takeover to minimize downtime and ensure a smooth transition to new ownership.

Strong Customer Base: Benefit from a devoted customer base and an outstanding reputation, cultivated through 35 years of committed service.

Growth Potential: There are excellent opportunities for franchise growth and expansion, including the potential to launch new products or services.

Flexible Space: The premises' versatile layout allows easy adaptation to a variety of business models, from retail stores to specialty eateries.

Supportive Business Environment: The Market Design shopping center is renowned for its supportive community and management, offering an environment that nurtures business growth.

Financials:
Offered at competitive pricing for a quick sale, with detailed financial information and operational metrics available upon request for serious inquiries.

Reason for Sale:
The present owner is preparing for retirement and is in search of an ambitious entrepreneur to assume control of this thriving establishment.

Opportunity:
This presents a unique opportunity to acquire a business in a premier location, boasting a history of success and the potential for increased profits via expanded delivery services. Ideal for those seeking to grow an existing enterprise or embark on a new venture, this venue provides an excellent platform for prosperity.

Prospective buyers should move swiftly, as opportunities of this caliber are in high demand and tend to be swiftly snapped up.


DETAILED INFORMATION
Location
Bellevue, WA
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,400
Lease Expiration
30/09/2027
Employees
7
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Strategic Location: Nestled in the vibrant Market Design shopping center, directly across from Overlake Hospital. The establishment spans 2400 square feet and is situated on the north side of the shopping center, featuring ample parking with easy access. Layout & Design: This location boasts a modern interior with a versatile space that can be tailored to various business models. Equipment: It comes equipped with professional kitchen appliances and a security system. Compliance: It holds a beer license, meeting all local health and safety regulations.
Competition
Strategic location in Bellevue, WA. Well established barbeque restaurant for 35 years Only barbeque restaurant in the downtown Bellevue area
Growth & Expansion
Excellent opportunity for catering and outside sales Opportunity to expand hours of operations Location allows for additional products to be offered - coffee, latte or breakfast food
Financing
All cash sale. Financing is not available.
Support & Training
Current owner will help train new owners during transition phase if needed at a negotiated rate.
Reason for Selling
Owner is retiring
Franchise
This business is an established franchise
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John Harrell
John Harrell