Acquire a well-established Eastside pizzeria located in one of the Puget Sound region's most desirable and affluent communities, surrounded by thriving residential neighborhoods, major employers, excellent schools, and a vibrant mix of retail, dining, and entertainment. This approximately 2,700 SF restaurant is situated in a modern, attractive commercial building and enjoys outstanding visibility, a highly walkable setting, abundant free public parking, and seating for approximately 100 guests plus a large outdoor patio. Established in 2012, the business generates average annual gross revenue of approximately $900,000 with average Seller's Discretionary Earnings of approximately $87,000 assuming an owner-operator. The facility is exceptionally well maintained, clean, and professionally managed, reflecting years of pride in ownership and providing an inviting atmosphere for customers and an easy transition for a new owner. The operation is fully staffed with four full-time employees, ten part-time employees, and an experienced manager in place, providing a strong foundation for a seamless ownership transition. The sale includes approximately $250,000 in furniture, fixtures, and equipment, with inventory valued at approximately $12,500 to be purchased separately. Offered at $199,000, financing may be available for qualified buyers. The current lease extends through August 2029, with extension terms to be negotiated with the landlord by the new owner, at approximately $8,350 per month plus NNN expenses. The restaurant holds a full spirits, beer, and wine liquor license. Training will be provided to ensure a smooth transition. The business currently operates as a franchise with proven operating systems and established brand recognition; however, the franchise agreement may be terminated without penalty, giving a buyer the flexibility to continue under the existing brand or transition to an independent concept.
- Asking Price:
- $199,000 Furniture / Fixtures included
- Sales Revenue:
- $900,000
- Cash Flow:
- $87,000
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
The business operates from a modern, exceptionally well-maintained approximately 2,700 SF restaurant featuring seating for approximately 100 guests plus a large outdoor patio. Approximately $250,000 in furniture, fixtures, and equipment is included in the sale, including four dual-deck gas pizza ovens, a Type II hood vent system, ample food preparation space, high-quality commercial refrigeration throughout, a dedicated scullery, an ABS commercial dough mixer, a Hoshizaki ice machine, an approximately 80 SF walk-in cooler, a draft beer system, and a fully equipped back bar with the potential to expand cocktail service. The restaurant is also equipped with modern POS and restaurant management systems, and the dining room and kitchen have been exceptionally well maintained. Inventory, estimated at approximately $12,500, is available for purchase separately. The facility is clean, professionally managed, and presents in true turnkey condition, offering an incoming owner a highly functional operation with significant production capacity.
Business Operation
- Expansion Potential:
-
A hands-on owner-operator has the opportunity to further improve profitability through active management while continuing to grow dine-in, takeout, delivery, and catering sales. Additional opportunities include expanding local marketing initiatives, increasing corporate and community catering, optimizing labor scheduling, and maximizing use of the restaurant's spacious dining room, large outdoor patio, and substantial kitchen production capacity. The existing bar program is significantly underutilized and represents a compelling opportunity to increase high-margin beverage sales through expanded cocktail offerings, happy hour promotions, outdoor patio service, and community events. The fully equipped back bar provides an excellent foundation for a more robust beverage program with minimal additional investment. For buyers seeking complete independence, the ability to terminate the franchise agreement without penalty creates a rare opportunity to rebrand an exceptionally well-equipped restaurant in one of the Eastside's premier markets.
- Competition / Market:
-
Located in the heart of Issaquah, Washington, this restaurant benefits from one of the strongest retail and dining markets on Seattle's Eastside. Issaquah is known for its affluent demographics, highly rated schools, strong household incomes, vibrant downtown, and continued residential and commercial growth. Convenient access to Interstate 90 and close proximity to Bellevue, Sammamish, and the greater Seattle metropolitan area provide a broad and stable customer base. and has earned a loyal following throughout the Pacific Northwest, and this location enjoys strong brand recognition within the local community.
- Reasons for selling:
-
The owner is pursuing other business interests.
- Employees:
- 14
- Years established:
- 2012
Other Information
- Support & training:
-
Training available to help with transition.
- Financing available:
-
Financing available for qualified purchaser.
- Furniture / Fixtures value:
- $250,000 - included in the asking price
- Inventory / Stock value:
- $12,500
