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Listed by:

Coldwell Banker Bain

Fast Food Café With Low Lease Great Location For Sale

Seattle, Washington, US
Asking Price:
$119,000 (USD) Furniture / Fixtures included
Sales Revenue:
Under $100K (USD)
Cash Flow:
Under $50K (USD)

Super great high traffic location on this fast-food restaurant. Literally just minutes to the University of Washington campus, so for a fast food and drink location, this is as good as it gets. No kidding there are young adults you know the kind that loves fast food and they are walking by the front door of this fast food shop all day and well into the evening, and that’s every day.

Besides the typical burger and fries, this restaurant offers many healthy food choices to choose from such as bubble tea, smoothies, gelato, energy drinks, paninis, and more. This is a franchise so all the training and support are in place for you. This is a very simple business and food concept, easy to learn, train and transition into.

This business lends itself really well to absentee or semi-absentee ownership. The monthly lease here is also super great as it is ONLY $2,500 per month and the water and garbage costs are covered in this low monthly lease. So within just a few days every month, most of your fixed costs are covered for the month.

It should be noted: Currently because of the COVID-19 pandemic major parts of the University of Washington are closed or in limited usage. But when this COVID-19 virus passes (and it most certainly will) this business sales will easily double or triple maybe probably more as this location is that good. The University of Washington is such a big anchor and so established that this business figures to have strong food sales for many years to come.

Other toppings to know about this business the current lease does not expire until 2025 and it has a 5-year option to keep it alive. Size is about 1200 square feet and seats about 30. Lots of extra storage space and parking is street parking but keep in mind very high foot traffic right by your front door. Signage and visibility are very good from the street.

Another tasty thing to know is there was about $100,000 in remodeling done here to this shop fairly recently. There is no type 1 hood system but there is a system set up to cook hamburgers and fries without the type 1 hood. All equipment is owned and included in the purchase price. The owner has multiple locations and if this business is to your liking it is possible for you to buy more than one fast food shop. Seller wants to move out of state so his motivation to make a good deal for you is real. Give us a call to check out this money location.

Property Information

Real Estate:

Lease

Lease Terms:

expires in 2025 and 5yrs option

Leasehold Rent:

$30,000 (USD) per annum

Location:

Super great high traffic location on this fast-food restaurant. Literally just minutes to the University of Washington campus, so for a fast food and drink location, this is as good as it gets. No kidding there are young adults you know the kind that loves fast food and they are walking by the front door of this fast food shop all day and well into the evening, and that’s every day.

Premises Details:

The monthly lease is $2,500 and that is with the Triple Net included. The lease expires in 2025 and has a 5-year option to renew. Space is about 1200 square feet and seats about 30 people. Lots of extra storage space. There is no type 1 hood system but there is a system set up to cook hamburgers and fries without the type 1 hood. All equipment is owned and included in the purchase price. Signage and visibility are very good from the street. Street parking available.

Size in square feet:
1,200

Business Operation

Expansion Potential:

Currently because of the COVID-19 pandemic major parts of the University of Washington are closed or in limited usage. But when this COVID-19 virus passes (and it most certainly will) this business sales will easily double or triple maybe probably more as this location is that good. The University of Washington is such a big anchor and so established that this business figures to have strong food sales for many years to come. The menu offers both fast food and fast food healthy choices so all the food groups are covered. Another way to expand is to buy more than one location, let’s talk.

Competition / Market:

Currently because of the COVID-19 pandemic major parts of the University of Washington are closed or in limited usage. But when this COVID-19 virus passes (and it most certainly will) this business sales will easily double or triple maybe probably more as this location is that good. The University of Washington is such a big anchor and so established that this business figures to have strong food sales for many years to come. The menu offers both fast food and fast food healthy choices so all the food groups are covered. Another way to expand is to buy more than one location, let’s talk.

Reasons for selling:

The seller wants to move out of state

Trading hours:

12pm to 9pm

Employees:
2 PT
Years established:
2020

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

2weeks training offered but it is negotiable

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

at least 80% down strictly case by case basis

Relocatable:
This business can be relocated.
Administration / receivership:
This business is in administration / receivership

Contact Coldwell Banker Bain

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