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- RE: Fast Food Franchise Bellevue Downtown
- Contact: O'Becky Smith
Quick Facts
Asking Price: | $415,000 | |
Annual Revenue: | $478,970 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $19,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2022 | |
Employees: | 7 | |
BBN Listing #: | 954616 | |
Broker Reference #: | HMREPBEL |
Business Overview:
Easy to learn healthy fast-food franchise in coveted downtown Bellevue location. No cooking, just minor prepping and heating up, so you do NOT need to be a chef to make these delicious recipes.
Lots of foot and auto traffic right outside your front door. You can look forward to long customer lines to deal with, hopefully that does not bother you ($$$). Major anchor businesses in downtown Bellevue are way too many to count, to include major hotels and big tech companies etc… just walking distance away. And downtown Bellevue is still growing and very vibrant, so this customer base is here for the foreseeable future.
This business (food concept) also does a lot of catering. So, this restaurant at this location is like a perfectly fitting glove to take advantage of all the catering needs in Bellevue. The current owner has owned this business for two years, so all the hard-establishing work has been done. He is high tech, and he simply does not have the time or the energy to operate this business. Â
A new owner here could be earning well into the six-figure annual net, especially if they were an owner operator. There is NO similar food competition. Other healthy tidbits you should nibble on, there is NO type 1 hood so NO daily greasy cleanups. With this franchise all the training and support are set up for you to be successful.
Even the lease here is exceptional at only a little over $5K per month. Hey this is downtown Bellevue, and this lease is very good and low for this area. This business lends itself well to absentee or semi absentee owner operator.
Very low crime area, you can just focus on making food and making money. With this busy location even marketing or advertising really not necessary. The upside potential here is thick and tangible and very profitable but hey, you need to stop by and see and feel this tangible potential for yourself. Â
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Property Features and Assets:
Monthly lease is $5,500 with Triple Net included and there is lots of time left on lease as it does not expire until 2032 and has an option to extend even. Has 1198 square footage and seating for 20 inside dining area. There is no type 1 hood as this franchise food concept does not need one. Very clean and modern set up. Lots of street or retail parking available. High foot traffic location. You are NOT required to maintain the restrooms.
Market Competition and Expansion:
If the new owner would be an owner-operator, that would be the biggest and best way to increase sales here. The current owner has full-time job commitments, so he is an absentee owner.
Right now, the tech companies in the downtown Bellevue area are changing their rules and making their employees to come into the office to work instead of working from home. This is a major game changer and will seriously make the downtown Bellevue area even more congested (in a very good way) with many more hungry people for you to serve ($$$). No kidding sales here could hit $700,000 annually.
Reason for Selling:
Seller has fulltime job commitmentsAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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