For Sale
$220,000

1234 Seattle StSeattle, WA 98125

Established eatery, strong NOI, turnkey operation.

Overview

Added:
Dec 11, 2024
Days on market:
113
This thriving Thai restaurant in Seattle's Lake City neighborhood presents a unique investment opportunity. Priced at $220,000, this turnkey business boasts a strong net operating income (NOI) of $30,272. Located at 1234 North Seattle, WA 98125, the restaurant benefits from a high-visibility location within a bustling area featuring both residential and commercial activity, ensuring easy accessibility for customers. The existing restaurant enjoys a loyal customer base and an excellent reputation within the community, providing a solid foundation for continued success. All necessary equipment, fixtures, and furnishings are included, allowing for a seamless transition. The restaurant's flexible space is well-suited for various dining experiences, accommodating both casual lunch services and more formal dinners. The current lease is a NNN (Net, Net, Net) agreement with 5 years remaining. This is an exceptional chance to acquire a profitable, established business with significant growth potential in a desirable Seattle location. The business is being sold as a business only, and the sale does not include the real estate.

Highlights

  • Turnkey Thai restaurant in Seattle's Lake City neighborhood, priced at $220,000.
  • Strong NOI of $30,272.
  • Located at 1234 North Seattle, WA 98125, in a high-visibility, bustling area with excellent customer accessibility.
  • Established business with a loyal customer base and excellent reputation.
  • Includes all equipment, fixtures, and furnishings.
  • Flexible space suitable for various dining experiences.

Property Details for 1234 Seattle St

Property type

Location Insight

City
Seattle
County
King
State
Washington
Latitude
47.7170204
Longitude
-122.3009337
1234 Seattle St, Seattle, Washington

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1234 Seattle St
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