Address Map

Country : US

State : Washington

County : King

City : Seattle

Zipcode : 98108

Street : Airport Way South

Street Number : 4001

Longitude : W123° 40' 37.6''

Latitude : N47° 34' 4.5''

Additional Information

Agent Name : Ranee Kim

ListAgentMlsId : 29287

ListOfficeMlsId : 1004966

Property Name : Ontario Hotel

Market Area : All Seattle

Company Zip : 98188

Company State : WA

Company City : Seattle

Company Address : 16400 Southcenter Parkway #306

# of Full Time Employees : 2

# of Owners : 2

# of Part Time Employees : 1

Selling Office Commission : 4%

All Cash : No

Assignable : No

Beer/Wine License : No

Class H License : No

Commission Exclusions : Yes

Excluded Items : Yes

Expense Includes Owner Salary : No

Fixtures Equipment : Yes

Gambling License : No

Includes Living Quarters : No

Inventory Included : Yes

Inventory Value : 10000

Member Comments : If you have any questions or concerns regarding a

Monthly Equipment Rental : 0

Monthly NNN/CAM : 0

Monthly Rent : 2500

Net Profit : 135000

No Special License : No

Operating Hours : 10:00 AM - 3:00 PM

Operating Information : Unknown

Owner Hours : 25

Owner Salary : 4000

Ownership Type : S Corp

Phone System Included : Yes

Professional License : No

Real Property : No

Reason for Selling : retire

Renewal Option : No

Seller Terms : No

TradeName : Yes

Use Discretion : Yes

Year to Date Statement Available : Unknown

Yearly Operating Expense : 75000

Yearly Operating Income : 210000

extra_data/Asset Class : Food and Beverage

Property Description

It is a family-like restaurant located in an industrial area. The restaurant’s operating hours are short, so it can be run lightly and conveniently. It is a very profitable business with a profit margin of about 40%. If you think of changing the menu to a different dish, it will be a good challenge, and you can taste successful results.