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Highly Rated Seattle Restaurant With Multiple Locations For Sale

Seattle Area, Washington, US
Asking Price:
On request
Sales Revenue:
$7,697,000
Cash Flow:
$1,193,000

A fast-casual restaurant offering Hawaiian-Korean cuisine. The restaurant operates from multiple brick & mortar locations and offers dine-in, take-out, and outside event catering.

Headquartered
· Seattle, WA

Key Aspects
· Recognizable presence and brand with positive reviews across several media platforms
· Commissary kitchen provides finished food & beverage items to store locations, which ensures consistency & cost control
· Knowledge and ability to grow into unique venues beyond the brick & mortar locations
· Established co-packing connections combined with in-house production offer exclusive food products
· Proven success with upholding the brand's distinct style and personalized service amid expansion and scaled production

Opportunities
· Expand geographic presence with other physical locations to further service the growing population throughout the Pacific Northwest.
· Analyze growth opportunities via a franchising model.
· Distribution and placement of branded consumer package goods, merchandise, and meal kits at national grocery store chains.

Current Markets
· Each of the company's locations serve local area dining patrons in the Pacific Northwest.

Real Estate
· The company operates from multiple brick & mortar restaurant locations totaling 7,419 square-feet, which are leased from unrelated third parties. All leases are assumable by new ownership.

Shareholder Objectives
· The company is owned by two equal shareholders who are seeking a more balanced lifestyle and an eventual full exit from day-to-day operations. Ownership is open to various deal structures to facilitate a transaction, including retaining a portion of equity, dependent on deal structure.