For Sale
$500,000

4 Roy StSeattle, WA 98119

Established Japanese Restaurant, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
116
This thriving Japanese restaurant in Seattle's Queen Anne neighborhood is offered for sale at $500,000. Boasting 2,405 square feet, the property enjoys a prime location with excellent visibility and customer parking, attracting both locals and tourists, including those attending Climate Pledge Arena events. Established for decades, the restaurant has cultivated a loyal customer base and stellar reputation for authentic Japanese cuisine and exceptional service. The turnkey operation includes a fully equipped kitchen and well-trained staff, with the seller offering employee training for a smooth transition. Financial records demonstrate consistent strong performance, even throughout the pandemic. A 40% cap rate and $200,000 NOI highlight the significant investment potential. Opportunities for growth exist through online marketing and expanded operating hours. This is an exceptional opportunity to acquire a well-established, profitable business in a highly desirable location.

Highlights

  • $500,000 asking price for this established Seattle restaurant.
  • 2,405 square feet of space, priced at $207.90 per square foot.
  • 40% cap rate with a $200,000 net operating income (NOI).
  • Turnkey operation in the Queen Anne neighborhood of Seattle, WA, with existing staff and loyal customer base.
  • Owner/user investment opportunity with potential for growth.

Property Details for 4 Roy St

Property type
Square Feet
2,405 SF

Location Insight

City
Seattle
County
King
State
Washington
Latitude
47.625717530408
Longitude
-122.35726864196
4 Roy St, Seattle, Washington

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4 Roy St
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