121624 Bo UndisclosedEverett, 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

Latitude

47.8996

Longitude

-122.255

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].