Profitable Trendy Neighborhood Café and Bar (Full Liquor) in Seattle

Asking Price$120,000

Cash Flow

EBITDA$65,563

Gross Revenue$229,967

Inventory$7,200
Not included in asking price
FF&E$62,000
Included in asking price
Real EstateNot Disclosed

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Profitable Trendy Neighborhood Café and Bar (Full Liquor) in Seattle


Asking Price$120,000

Cash Flow

EBITDA$65,563

Gross Revenue$229,967

Inventory$7,200
Not included in asking price
FF&E$62,000
Included in asking price
Real EstateNot Disclosed

Business Description
This charming café and neighborhood bar has been in the Seller’s possession for one year, but has already established itself financially, seeing $230k Gross Revenue and $65k SDE. Priced at under 2X the SDE, this opportunity is a steal. There is a lot of stability and potential with this business. Please see details below:

· $229,967 Gross Revenue, $65,563 SDE

· $3,279 Base Rent + $1,134 CAM, 2,706 sqft

· Strong recurring revenue with their daytime business as a “third-place” and nighttime business as the local watering hole

· Extremely high local reputation as a welcoming local hangout

· Entertainment-forward differentiator supports repeat visits and longer customer stays

· Ideal buyer will be an owner-operator looking for an established café/bar to forego the huge startup costs and difficult first years

*This establishment does not have a kitchen hood.


Listing Info
ID
2461520
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Listing ID: 2461520 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.


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