Brand-New Turn Key Coffee Shop Opportunity in South Lake Union!
Asking Price: | $369,000 |
Established Year: | 2024 |
$650,000 build out just completed. Fully Equipped and Furnished!
Rare turnkey coffee shop opportunity located in the heart of South Lake Union! An amazing $500,000 brand new build out was just completed in September and the unit is fully equipped with brand new equipment and designer furniture costing $150,000. The coffee house is open and operating daily, and ready for new owners to bring their own personal touches and become a South Lake Union destination. Alcohol sales permitted as per the lease. Current owners are moving to Europe for a new B&B opportunity and ready to sell. This unit is located in The Ayer Luxury apartments with over 500 units directly above the coffee shop, and surrounded by other luxury apartments and condos. Fabulous corner location with a huge covered patio. Build out was just completed in September and features elegant walnut cabinetry, soaring 18 foot ceilings, a huge patio included. Very reasonable rent and triple net charges. Highly desirable 5 year lease with TWO more 5 year options. 15 years total left on the lease. Lease is transferable should buyer ever want to sell in the future. Trade name not included in sale.
This is a once in a lifetime chance to own and operate a beautiful coffee house without going through a year's worth of permitting, build-out, equipment purchasing and installation, saving a lot of time and money in the process. The asking price of $369,000 is $275,000 under the finished cost of $650,000 for the space and equipment. Everything has been done! The design and layout are extraordinary and ready for you to make it a huge success in one of Seattle's most dense and affluent neighborhoods.
Call to schedule a tour with the owner. Do not contact or speak with employees at the location. An NDA is required for a copy of the lease, and brief vetting as required by the landlord. Only experienced and financially sound buyers will be considered as per the lease requirements.
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