123 Main St Seattle, WA 98101
- Commercial real estate
- 2,800 SF
Current Use by Public Records
- Moonka Therapy PLLC / Counselor
- Lumina / Medical Spa
- childsprose / Restaurant
Property Details for 123 Main St
- Property size
- 2,800 SF
- Property type
- Commercial real estate
Description
This thriving Seattle bakery and catering business, operating for over 20 years, presents a unique opportunity for acquisition. Located at 123 Main Street, Seattle, WA 98101, in King County, this 2,800 square foot establishment boasts a loyal clientele, including major Seattle tech companies. The business includes a retail cafe, providing a diverse revenue stream. On-site parking is available for customers and staff. The sale includes a branded delivery van, streamlining operations and expanding reach. Financial records reveal a strong profit of $310,000 annually, with an owner's salary of $90,000. The current lease is favorable, and payroll is manageable, contributing to the business's overall profitability and stability. The owner is retiring and relocating out of state, creating this exceptional opportunity for a new owner to step in and continue the legacy of this well-established business. This is an ideal acquisition for experienced bakers and caterers seeking a turnkey operation with significant growth potential. The business is categorized as "Business Only," and the asking price is $1,500,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Seattle
- County
- King
- State
- Washington
- Longitude
- -122.336
- Latitude
- 47.6085
