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Lounge

Seattle, Washington (King County)

Retail - Bars/Taverns

Asking Price $99,500 Inventory  
Gross Income Not Disclosed Real Estate $400,000** 
Cash Flow Not Disclosed Year Established 1959
FF&E N/A Employees 3 pt

* included in the asking price

** not included in the asking price

Must sell due to family health issues. Currently works the business between 12 and 18 hours per week. Same owner 14 years. The real estate may be purchased for $400,000 over and above the price of the business, or the seller will lease for $1,800 per month NNN.

Facilities: 2000 sqare foot facility. Seats 40. Full bar. Pool tables, Very nice covered deck in the back overlooks the back yard. Deck complies with all King county health regulations (very popular with smokers). Located on a main arterial in a growing neighborhood just north of downtown Seattle.

Growth/Expansion: Seller is semi absentee. Business needs hands on owner.

Financing: Owner will finance real estate($400K) with cash out on business.

Support/Training: Two weeks free training. Additional training may be negotiated.

Reason Selling: Owner's spouse has health issues.

Business listed by

Dan Allem

206-963-9399


Coldwell Banker Bain


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