Address Map

Country : USA

State : Washington

County : King

City : Kirkland

Zipcode : 98034

Street : 119th Way

Street Number : 9739

Longitude : W123° 47' 18.9''

Latitude : N47° 42' 24.5''

StreetDirSuffix : NE

Additional Information

Agent Name : Mark Peizer

ListAgentMlsId : 8654

ListOfficeMlsId : 1004709

Property Name : Mezcal Grill

Market Area : Kirkland

Company Zip : 98074

Company State : WA

Company City : Sammamish

Company Address : 121 Windsor Dr. S.E.

# of Full Time Employees : 2

# of Owners : 1

# of Part Time Employees : 1

Selling Office Commission : 4%

All Cash : Yes

Assignable : Yes

Balance Sheet Years Avaliable : 3

Beer/Wine License : Yes

Class H License : Yes

Commission Exclusions : No

Current Owner Years : 17

Excluded Items : No

Expense Includes Owner Salary : Yes

Fixtures Equipment : Yes

Fixtures Equipment Detail : 75000

Gambling License : Unknown

Includes Living Quarters : No

Inventory Included : No

Lease Expiration Date : 8/31/2029 12:00:00 AM

Leaseable Square Feet : 1750

Member Comments : OK to drive by and enter restaurant as a "Custome

Monthly NNN/CAM : 1928

Monthly Rent : 6255

Net Profit : 97000

No Special License : Unknown

Operating Hours : Noon to 8:30 PM

Operating Information : Actual

Owner Hours : 51

Ownership Type : LLC

Phone System Included : Yes

Professional License : Unknown

Profit/Loss Years Avaliable : 3

Real Property : No

Reason for Selling : Retiring

Renewal Option : Yes

Rent Increase : 3%

Schedule C Years : 3

Seating : 88

Seller Terms : No

TradeName : Yes

Use Discretion : Yes

Year to Date Statement Available : Yes

Yearly Operating Expense : 244000

Yearly Operating Income : 341000

extra_data/Asset Class : Food and Beverage

Property Description

Strategically located in the fashionable Chelsea at Juanita Village and just a short walk to Juantia Beach and minutes from I-405, this conspicuous corner location immediately across the street from Starbucks has been a favorite for Mexican food faire and Class “H” Spirits for over 20 years. The interior is impeccably clean and exceedingly comfortable with both private booths and tables. During Spring and Summer months, exterior dining is also very popular. The Lease offers up to nine (9) more years including Option Period. Upside includes extending operating hours (currently Noon to 8:30 PM) and remain open on Mondays (currently closed). Seller has impeccable books and records to satisfy the most discriminating Buyers. It is rare for a restaurant in such an attractive location to become available for purchase.