Address Map

Country : USA

State : Washington

County : King

City : Seattle

Zipcode : 98101

Street : Pike

Street Number : 725 Pike

Longitude : W123° 40' 3''

Latitude : N47° 36' 42.1''

StreetDirPrefix : S

Additional Information

Agent Name : Ian McGinnis

ListAgentMlsId : 23064

ListOfficeMlsId : 1006208

Property Name : Gyro Stop Restaurant + Street Kiosk

Market Area : Commercial Core

Company Zip : 98225

Company State : WA

Company City : Bellingham

Company Address : 2219 Rimland Dr. Ste 301

# of Full Time Employees : 1

# of Owners : 1

Selling Office Commission : 3

All Cash : Yes

Assignable : Yes

Beer/Wine License : No

Class H License : No

Commission Exclusions : No

Current Owner Years : 6

Excluded Items : No

Expense Includes Owner Salary : No

Fixtures Equipment : Yes

Gambling License : No

Includes Living Quarters : No

Inventory Included : Yes

Lease Expiration Date : 10/31/2026 12:00:00 AM

Leaseable Square Feet : 1100

Member Comments : RESTAURANT & KIOSK CAN BE SOLD SEPARTELY!! Res

Minimum Down : 70%

Monthly Rent : 3500

Net Profit : 1

No Special License : No

Operating Hours : 11am - 5pm

Operating Information : Unknown

Owner Hours : 0

Owner Salary : 50000

Ownership Type : LLC

Phone System Included : Yes

Professional License : Yes

Profit/Loss Years Avaliable : 2

Real Property : No

Reason for Selling : retiring

Renewal Option : Yes

Rent Increase : 3

Schedule C Years : 2

Seating : 20

Seller Terms : Yes

TradeName : Yes

Use Discretion : Yes

Year to Date Statement Available : Yes

Yearly Operating Expense : 399999

Yearly Operating Income : 400000

extra_data/Asset Class : Food and Beverage

Property Description

RESTAURANT & KIOSK CAN BE SOLD SEPARTELY!! Restaurant = $85K, Kiosk = $40K. This is a great opportunity to own Gyro Stop a well-established, profitable Mediterranean quick-service restaurant + street front Kiosk located in the heart of the bustling Seattle Convention Center a major hub for events, conventions, and tourism, attracting significant foot traffic on average, hosting 400,000 to 500,000 visitors annually with major conventions and trade. This Turn-Key operation is 1,000sf for restaurant and 100sf for kiosk. Restaurant is equipped with a 5ft class 2 hood, reach-in refrigeration/freezer, grease trap and seating for 20. Current base rent + NNN’s for both is $3,500. This opportunity is ideal for passionate entrepreneurs looking for a low risk, or established businesses with high growth potential. Contact Listing Broker for showings.<br />