123 Main St, Seattle, WA 98101
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.