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Paddy Coyne’s

2801, Alaskan Way #103, Seattle, WA 98121
$350,000

Description

A rare opportunity to purchase a turn-key 4600 square foot restaurant and take over an incredible lease (with owner’s approval) that continues until November 2021 with two additional five year options. The current rental rate is $15.91 square foot ($6,500 a month) with fixed increases to $19.50 a square foot ($7,822) at the current leases end or 7% of gross sales, whichever is greater. Everything is included in the sale of this opportunity

2801,Alaskan Way #103, Seattle, WA  98121

Business Characteristics

Operating Hours: 11AM-2AM
Days Open: 7
Year Established: 2010
Parking Available: 2
Seating: 244

Business Terms

All Cash: Yes
Seller Terms: No

Business Financial

Operating Information: Unknown
Operating Income: 1450000
Operating Expense: 1350000
Net Profit: 100000
Owner Salary Included in Expenses: Yes
Number of Owners:
Reason for Selling: One owner is ready to retire.

  • Address: 2801, Alaskan Way #103, Seattle, WA 98121
  • City: Seattle
  • State/county: WA
  • Zip/Postal Code: 98121
  • Country: United States

Detail

Updated on May 18, 2022 at 5:10 pm

  • Property ID: 581234
  • Price: $350,000.00/For Sale
  • Property Type: Food and Beverage
  • Property Status: Pending

Contact info

Windermere Commercial
Windermere Commercial
360-676-5900

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