Exceptional opportunity! Profitable turn-key restaurant w/ real estate

Federal Way, WA
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Asking Price:$1,950,000
Gross Revenue:$1,000,000
FF&E:$100,000
Established Year:2015
Cash Flow:$306,000
EBITDA:$175,000
Real Estate:$1,600,000
BUSINESS DESCRIPTION

Located in a high traffic, signalized T-intersection, in Federal Way, this well-established restaurant has been renovated in 2015. It generates strong and stable profits. Exceptional EBITDA of $175,000. Plus, the absentee owner draws an annual salary of $131,000. The full-service restaurant has a full bar and attracts a steady stream of patrons as well as loyal customers. Ready to operate from day one. Type 1 hood. Dedicated parking. Sale includes restaurant, liquor license, all furniture, fixtures, equipment and real property.
Contact broker at 425-419-6724 for NDA and questions. Motivated Seller, bring offers.
The property is surrounded by exiting amenities and new developments. Stand alone building: 2,400 sf


DETAILED INFORMATION
Location
Federal Way, WA
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
2,400
Employees
10
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Growth & Expansion
Ample indoor seating with potential to add outdoor seating. Great for fast casual dine in, take-out and delivery. May remain as current concept (Asian food) or bring your own concept. Bright, clean and stylish decor.
Reason for Selling
Retiring
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Alex
Duff
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Alex Duff