121624 Bo UndisclosedEverett, WA 98204

For Sale
$225,000

Established Business, High-Traffic Location

Overview

Added:
Feb 3
Days on market:
41
This exceptional business opportunity presents a fully operational Chinese restaurant and separate bar lounge located in South Everett on a major arterial road. The property boasts a combined 3,028 square feet, offering flexibility for separate or combined operations. The restaurant features a Class 1 hood, three grease traps, and a walk-in cooler, ensuring efficient and effective food service. The bar area offers a distinct entrance, allowing for independent operation. The current business model includes sales of spirits, beer, wine, and pull-tabs. The current lease agreement reflects a monthly cost of $6,386, comprised of $5,179 in base rent ($20.52 per square foot) and $1,207 in NNN/CAM charges. The lease has an estimated value of $150,000. This turnkey operation provides a strong foundation for a new owner, with the potential for increased revenue and profitability. Note that the tradename and recipes are not included in the sale. This presents a unique chance to establish your own brand within a well-established and profitable business model. The high-traffic location on a major arterial ensures significant visibility and customer access. This is an ideal opportunity for an experienced restaurateur or investor seeking a profitable and established business in a prime Everett location.

Location Insight

City
Everett
County
Snohomish
State
Washington
Latitude
47.8996
Longitude
-122.2548
121624 Bo Undisclosed, Everett, Washington

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121624 Bo Undisclosed
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