Close

Choose your country

Or view all businesses for sale

Worldwide

Sell Your Business

Advertisement

Listed by:

The Agency NW Real Estate

Fully Equipped Restaurant In Bellevue Under $200K For Sale

Bellevue, Washington, US
Asking Price:
On request Furniture / Fixtures included
Sales Revenue:
$414,769
Cash Flow:
$50K - $100K

Fully Equipped Restaurant in Bellevue, well over $400,000 in annual Sales, priced to sell fast. It has a 9 ft type 1 hood, a walk-in cooler, and 2,700 square feet of open floor plan for you.

This restaurant is currently serving a sort of fusion menu with burgers, fries, pizza (yes, it does have a pizza oven), fried chicken, many a variety of sandwiches, juice, boba tea, and smoothie drinks. All easy food concepts to learn for a new owner.

But with this fully equipped build-out, there are many possible other good money food concepts for this prime Bellevue location. For example, all the following cuisines, like Italian cuisine, Greek, Mediterranean, Iranian, a breakfast diner, Pakistani, or Korean cuisine, would all do well here. FYI, there is another Indian restaurant in this same plaza, so the landlord will not allow a second Indian food concept here.

The seller spent about $100,000 in upgrades just a few short years ago, so everything is like new. This restaurant offers a private office, even a lounge area with a full bar set up. Currently NO alcohol is served here, though.

The current owner made about half a million in sales last year, but he offers NO delivery service, NO marketing except for his website, NO social media presence, and NO aggressive push for catering. With this prime Eastside location just a hop, skip, and a jump (just minutes) to the big 3 cities (Bellevue, Redmond, and Kirkland downtowns), it is NO secret that there were some big sales dollars missed out on. Especially with the catering dollars.

There is also room for a food truck or several food trucks if the new owner wanted to pursue that endeavor. The big money attributes of this business are that it is already established & making great sales, this food concept is easy to learn, this location is 5 stars, especially if a new owner is interested in catering or holding large events, or even live entertainment. Lots of upside potential on top of the already established half a million in sales. For a quick cash offer, this price might be more negotiable as the seller has family health concerns. In 2024, Gorss sales were $470,771 with a strong 6 figure net income.

Property Information

Real Estate:

Lease

Lease Terms:

The monthly base lease is $6,963 with a monthly triple cost of $2,464 for a total of $9,427 monthly lease. This is a prime location on the east side, and this is a good rate. Lease expires in Aug 2026, but there is an option to renew this lease. Square footage is 2,704 with seating for 150. It has a type 1 hood and walk-in refrigeration. It has a lounge/ bar area set up and a private area that can be used for private parties or meetings. A huge parking lot with hundreds of free parking spaces available. 4 bathrooms and a big kitchen, private office.

Leasehold Rent:

$9,427 per annum

Living Accommodation:

N/A

Location:

In Bellevue and literally just minutes to downtown Kirkland and downtown Redmond. Great location.

Premises Details:

Square footage is 2,704 with seating for 150. It has a type 1 hood and walk-in refrigeration. It has a lounge/ bar area set up and a private area that can be used for private parties or meetings. A huge parking lot with hundreds of free parking spaces available. 4 bathrooms and a big kitchen.

Size in square feet:
2,704 sq ft
Planning Consent:

N/A

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

The seller offers NO delivery service, NO marketing, NO social media presence, and NO aggressive push for catering. With this prime eastside location (just minutes) to the big 3 cities on the east side. Microsoft is also just minutes away. Some of these many NO’S can be turned into ($$$) if you know what I mean. This is a big enough space to host private events like wedding receptions and other live entertainment like karaoke.

Competition / Market:

There is no similar restaurant fusion menu concept in town or the surrounding towns.

Reasons for selling:

Seller has family health concerns

Trading hours:

Open 7 days a week. Mondays 3 PM to 9 PM
Tuesdays to Thursdays 11 AM to 9 PM / Fridays 1:30 PM to 10 PM
Saturdays 11 AM to 10 PM / Sundays 11 AM to 9 PM

Employees:
5
Years established:
2021

Other Information

Support & training:

Seller is willing to train a buyer, but would prefer the buyer to do their own food concept. Seller is selling due to family health concerns, so in interest of time, the buyer bringing their own food concept would make for a quicker sale. For a quick cash offer the price is more negotiable

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

For a quick sale, the seller is willing to consider seller financing. But the buyer must put at least 60-70% cash down to be considered.

Furniture / Fixtures value:
$25,000 - included in the asking price
Inventory / Stock value:
$15,000