¨ Successful Mediterranean Restaurant waiting to be re-invented into your dream Mediterranean concept or take advantage of the location and demographics and change it up. Perfect for a sandwich shop, or a commissary kitchen for your food trucks.
¨ Sought after Wallingford location was completely remodeled from vanilla shell in 2015. No need to wait for permits, this space is ready to go -- "plug and play" space for your new restaurant or commissary kitchen.
¨ New plumbing, flooring, electrical, sewer, paint and great equipment installed in the last 3 years.
¨ Great opportunity to start a new restaurant in a proven location with great traffic and a strong take-out clientele.
¨ The current owners will help renegotiate the lease to a longer term. Hard to find a better lease. Under $1,700 per month currently.
¨ Gross Income for 2017 was $377,000 with approximately $177,000 in business expenses. NOI of approximately $200,000 and the restaurant is closed Saturday after 3:00 and all day Sunday. Room to increase revenues.
¨ This restaurant has been voted Top 100 in the US by Yelp and a perennial favorite by Seattle Magazine