Seattle Speakeasy
| Asking Price: | $349,000 | Inventory: | $3,000 ** |
| Gross Revenue: | $448,440 | Real Estate: | n/a |
| Cash Flow: | $120,000 | FF&E: | $75,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
This quintessential hidden cocktail lounge is located in the heart of mid town since 2005. This most exclusive downtown district is home of some of the finest hotels, shopping and restaurants in Seattle. A destination spot for locals as well as business professionals, retail shoppers and out of town guests on their way to a show or dinner. The business is an upscale cocktail lounge with a friendly staff and speakeasy, cool atmosphere. The business model offers attractive attributes to entrepreneur. The business has been operated by management since 2005 with very little involvement by ownership. Excellent revenues and profits have been generated with little advertisement or signage on the building. The current ownership believes that revenues would increase if ownership toke a proactive role in advertisement as well as day to day management.
The business operates out of 971 square ft., seats 40 people and costs $3,000 per month. The lease runs through February 2010 and there will be two, five year options available. The business operates Monday – Saturday from 4:00pm to 2:00am. There is 1 full time employee and 4 part-time employees.
The business operates out of 971 square ft., seats 40 people and costs $3,000 per month. The lease runs through February 2010 and there will be two, five year options available. The business operates Monday – Saturday from 4:00pm to 2:00am. There is 1 full time employee and 4 part-time employees.
About the Business
Year Established:2005
Employees:1 full time - 4 part time
About the Sale
Management Training and Support:80 Hours
Reason For Selling:Other interests
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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