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- RE: Profitable Burger Shop Near 4 Hospitals
- Contact: O'Becky Smith
Quick Facts
Asking Price: | $589,000 | |
Annual Revenue: | $1,512,190 | |
Net Profit: | $179,172 | |
Cash Flow: | $179,172 | |
Total Debt: | Not Disclosed | |
FF&E: | $11,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2017 | |
Employees: | 12 | |
BBN Listing #: | 954303 | |
Broker Reference #: | 2BCMSEA |
Business Overview:
Nonfranchise Burger shop with big name franchise type sales. On a scale of 1-5 stars this location is a 7 stars. Located in Seattle surrounded by 4 major hospitals. The daily sales here are about $4,000 a day! How’s that for super sizing it, Move over Micky D’s.
This customer base is built up for you and it is NOT going anywhere for the foreseeable future. Also in the area next door is a major hotel and if you walk through the crowds just a few blocks away there is a high school. So there is tons of hungry foot traffic by this front door all the time every day.
Definitely a money-making location, no marketing or advertising needs to be done. Besides the great tasting burgers, fries, and shakes this busy hub of a location sells a lot of breakfast sandwiches and breakfast burritos. It’s all an easy menu concept to learn and to transition into.
Other tasty toppings for your burger (things to know). Has a fully equipped kitchen type 1 hood, walk in refrigeration, deep fryers and lots of storage space. Square footage is 2,100 square feet. Check it out this even has a studio apartment upstairs, how cool is that you could literally live upstairs and operate the burger shop below for just ONE monthly lease payment!
All the valuable training and the great moolah ($$$) money making recipes are included in this sale for you. The owner here is absentee his annual gross sales is about $1,500,000 with a strong six figure annual net income. So think about it, with an owner operator in place and maybe add a little marketing and the sales here could be pushing $2,000,000 annually… Now this is a serious combo deal worth checking out wouldn’t you agree?
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Property Features and Assets:
Monthly lease is $10,700 with the Triple Net included. Current lease expires in Dec 2026 but does have an option to renew. Square footage is 2,100 with seating for 60. All street parking. Fully equipped kitchen with lots of extra storage. Even has an upstairs studio apartment included in this monthly lease amount.
Market Competition and Expansion:
This burger shop is already highly profitable, with an absentee owner. So, with an owner-operator in place on a daily basis, sales would increase, and labor costs would decrease. No marketing, advertising, or social media is being done. Catering orders are not even actively pursued. (Reason) “We’re just keeping busy with the high volume of daily sales.” But as you can see, there are ways to top these annual $1,500,000 sales. This business does serve beer and wine and is open 7 days a week.
Reason for Selling:
Seller wants to downsizeAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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