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North Bend Restaurant

1111, 1111, North Bend, WA 98045
$475,000

Description

This is a very popular and well established restaurant with an experienced Owner with over 40 years in the industry. This restaurant is located on a strategic corner in North Bend and includes very favorable lease terms with an Option and modest annual rent escalators of only $100 per year on a “Gross” Lease. Lease also includes a Right of First Refusal to purchase the real estate. Current hours of operation are limited. However, there are no restrictions to open for breakfast, lunch and weekend brunches which provides opportunity for increased sales. New food faire concepts could also be considered. Off-street and free on-street parking is available. This is a totally a “Turn-Key” operation including a Class ‘H’ Liquor License and enjoying the benefits of a successful operation.

1111,1111, North Bend, WA  98045

Business Characteristics

Operating Hours: 4:00 PM to 9:00 PM
Days Open: Tuesday to Sunday
Year Established: 2016
Parking Available: 4
Seating: 89

Business Terms

All Cash: Yes
Seller Terms: No

Business Financial

Operating Information: Actual
Operating Income: 737351
Operating Expense: 562512
Net Profit: 174839
Owner Salary Included in Expenses: No
Number of Owners:
Reason for Selling: Retiring

  • Address: 1111, 1111, North Bend, WA 98045
  • City: North Bend
  • State/county: WA
  • Zip/Postal Code: 98045
  • Country: United States

Detail

Updated on November 29, 2023 at 4:00 pm

  • Property ID: 658841
  • Price: $475,000.00/For Sale
  • Property Type: Food and Beverage
  • Property Status: Available

Contact info

Windermere Commercial
Windermere Commercial
360-676-5900

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