121624 Bo Undisclosed Everett, WA 98204

Property Details for 121624 Bo Undisclosed

Property type

Investment properties

Description

This exceptional business opportunity presents a fully operational Chinese restaurant and separate bar lounge located in South Everett on a major arterial road. The property boasts a combined 3,028 square feet, offering flexibility for separate or combined operations. The restaurant features a Class 1 hood, three grease traps, and a walk-in cooler, ensuring efficient and effective food service. The bar area offers a distinct entrance, allowing for independent operation. The current business model includes sales of spirits, beer, wine, and pull-tabs. The current lease agreement reflects a monthly cost of $6,386, comprised of $5,179 in base rent ($20.52 per square foot) and $1,207 in NNN/CAM charges. The lease has an estimated value of $150,000. This turnkey operation provides a strong foundation for a new owner, with the potential for increased revenue and profitability. Note that the tradename and recipes are not included in the sale. This presents a unique chance to establish your own brand within a well-established and profitable business model. The high-traffic location on a major arterial ensures significant visibility and customer access. This is an ideal opportunity for an experienced restaurateur or investor seeking a profitable and established business in a prime Everett location.

Location Insight

City

Everett

County

Snohomish

State

Washington

Longitude

-122.255

Latitude

47.8996