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Seattle, WA 98115

  • 0 Beds
  • 0 Baths
  • Business Opportunity
Listing# 1447200 | Active

$750,000

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Days On Market: 144 0 Views
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Property Details

Highly profitable independent fast food restaurant generating more hamburger sales than most McDonalds Hamburger restaurants. This is not a franchise so no franchise fee or royalties to pay & no franchise restrictions that you have to follow. Has a very well-known name some might even say that this burger shop is a Seattle Landmark. A high traffic location. There are also many businesses, a high school & a college close by to cater to. 17 yrs established, profitable & turnkey.

  • General Features
    • County King
    • Commercial Category BusinessOpportunity
    • Major Type of Business Food and Beverage
    • Business Type Burger Restaurant
    • Hours of Operation 11am to 9pm
    • Franchise N
    • Year Established 2010
    • Number of Employees 10
    • Licenses Alcohol
  • Property Features
    • Total Covered Parking 0
    • Total Uncovered Parking 0
    • Lot Square Footage 0
    • Location Corner, See Remarks
  • Financials
    • Annual Gross Sales $1,306,628
    • Annual Rent $132,000
    • Annual Expenses $1,239,765
    • Inventory $0
    • Net Proceeds $128,235

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Neighborhood

98115 (Seattle) Demographics

38Median Age
7,629Population Density (per sq. mile)
78%College Educated
$97,039 Estimated Median Income
13,340Estimated Total Home Owners
7,990Estimated Total Renters
63% / 37%Estimated Owner / Renter Divide
3Estimated Average Household Size
50,258Total Population
Community data courtesy of LiveBy, Inc.

Market Last 30 Days

$765,000 Median Sales Price
64 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: $750,000
      9/9/2019 12:33:09 PM Price Reduced Source New Value: $750,000 -6.25%
      6/19/2019 9:51:04 AM Price Reduced Source New Value: $800,000 -5.88%
      4/27/2019 4:01:00 PM New in Database Source New Value: $850,000

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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.