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Lynnwood, WA 98037

  • 0 Beds
  • 0 Baths
  • Business Opportunity
Listing# 1404558 | Active

$1,200,000

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Days On Market: 235 1 Views
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Property Details

Great opportunity to direct operate Korea BBQ house. Seller intend to sale the business opportunity with whole restaurant transfer, which includes current licenses and restaurant name, business models. The current business successful by daily 300 visits. Amazing public reputation of restaurant. Cap over 20% after all costs paid off.

  • General Features
    • County Snohomish
    • Commercial Category BusinessOpportunity
    • Major Type of Business Food and Beverage
    • Business Type Restaurant
    • Hours of Operation 12
    • Year Established 2010
    • Number of Employees 10
    • Lease Terms More Than 5 Yrs
    • Licenses Alcohol
  • Property Features
    • Total Covered Parking 0
    • Total Uncovered Parking 30
    • Lot Square Footage 0
    • Location Business Park
  • Financials
    • Annual Gross Sales $1,200,000
    • Annual Rent $163,200
    • Annual Expenses $856,000
    • Inventory $0
    • Net Proceeds $250,000

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Neighborhood

98037 (Lynnwood) Demographics

38Median Age
4,922Population Density (per sq. mile)
43%College Educated
$62,440 Estimated Median Income
5,847Estimated Total Home Owners
4,479Estimated Total Renters
57% / 43%Estimated Owner / Renter Divide
2Estimated Average Household Size
28,359Total Population
Community data courtesy of LiveBy, Inc.

Market Last 30 Days

$546,250 Median Sales Price
26 Homes Sold
0 New On Market

Average Days on Market

    Properties for Sale

      Property History

      Date Event Price Percent Change
      -- Current Price Source New Value: $1,200,000
      1/24/2019 3:01:00 PM New in Database Source

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      This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.