Remarks

This special grocery is located in the heart of Downtown Seattle retail/business district, serves office workers, professionals, shoppers by day and the burgeoning population of condo and apartments residents night and weekends. In its heyday, this grocery/deli generated revenue annually of nearly $3,000,000. With pandemic sales they are still averaging $160,000 per month and will surely rebound after the pandemic subsides. The Seller is tired and ready to move on so is pricing the business aggressively based on current sales, so there is an enormous opportunity for a hands on owner/operator ready to capitalize on a reenergized downtown after the pandemic. Also, permits have been issued for 175 apartment structure directly across the alley which will bring hordes of construction workers to the site and they will totally and immediately upgrade the entire vicinity! *Principals only Average Monthly Sales (2019): $192,000 Average Monthly Net (2019): $23,000 Lease Terms: Approx. 10k/mo., NNN, 3 years plus 2-5 year options