Established Resturant for Sale

Asking Price$165,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,020,000

Inventory$100,000
Not included in asking price
FF&ENot Disclosed

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Established Resturant for Sale


Asking Price$165,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,020,000

Inventory$100,000
Not included in asking price
FF&ENot Disclosed


Seller Financing Available
Business Description
Established Restaurant for Sale in Seattle's Premier Capitol Hill Location

This turnkey 2,164 sq ft restaurant with bar presents a rare opportunity in one of Seattle's most vibrant neighborhoods at 1401 Broadway, strategically positioned at the corner of Broadway and Union. The high-visibility corner location benefits from exceptional foot traffic throughout the day and evening, with proximity to Seattle University and Seattle Central College providing a steady stream of students and commuters.

Financial Performance:
• Annual Revenue: $1,020,000
• Cash Flow (SDE): $102,000
• Asking Price: $165,000
• Inventory Value: $100,000

Business Highlights:
• Prime Capitol Hill location in Seattle's most vibrant neighborhood
• Fully renovated within the past two years
• Established customer base with strong local brand recognition
• High-volume food and beverage operations capability
• Significant growth potential through underutilized bar program

Property Details:
• 2,164 square feet of fully built-out space
• Lease rate: $13,281 per month (includes sewer and garbage)
• Lease term through July 26, 2035
• Corner location with excellent visibility

Equipment & Infrastructure:
• 12-foot Type I hood system
• Two walk-in coolers and beer cooler
• 4-burner range, griddle, and dual fryers
• Chef base, freezer, and additional equipment
• Large bar area ready for expansion

Growth Opportunities:
The current bar program offers substantial upside potential for expansion into late-night cocktails and enhanced beverage service. The layout also supports adding morning breakfast or coffee service to capture the significant student and commuter traffic in the area.

This turnkey operation is ideal for an owner-operator or experienced restaurateur seeking an established business with proven revenue and significant expansion potential in one of Seattle's most desirable dining districts.

Financing: Cash purchase or seller financing available. Owner selling due to desire to downsize.
About the Business
Facilities & Assets
Rare opportunity a turnkey 2,164 sq ft. restaurant for sale with bar in the heart of Capitol Hill at 1401 Broadway Seattle; at the corner of Broadway and union; one of Seattle’s most vibrant and densely populated neighborhoods. The restaurant is strategically located near Seattle University and Seattle Central College and is surrounded by popular nightlife destinations, generating strong daytime, evening, and late-night foot traffic. The business operates from a high-visibility corner location and has been fully renovated within the past two years. The space is fully built out for high-volume food and beverage operations, featuring a 12-foot Type I hood, two walk-in coolers, and a large bar area. The concept benefits from a loyal customer base and strong local brand recognition, while offering significant upside potential.
Website
https://share.google/omRWHy4gy96MygsbI
Market Outlook / Competition
Equipment Description: Type 1 hood,walk-in cooler, beer cooler,4-burner range, griddle,2 fryers, chef base, freezer & More!
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,164
Rent
$13,281.00 per month
Lease Expiration
7/26/2035
About the Sale
Seller Motivation
Owner wants to downsize
Transition Support
The bar program is currently underutilized, and the layout allows for expansion into late-night cocktails, enhanced bar service, and a morning breakfast or coffee program to capture nearby student and commuter traffic. Ideal for an owner-operator or experienced operator seeking a turnkey opportunity with growth potential in a premier Capitol Hill location. Sewer, garbage included in Rent
Financing Options
Cash or Owner financing
Listing Info
ID
2453838
Listing Views
Business Location

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Business Listed by: Alia Kiyani

Listing ID: 2453838 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. See our full Terms of Use. Learn how to avoid scams.