Bought with The Preview Group
$320,000
$320,000
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12720 4th Avenue Ct W Everett, WA 98204
Key Details
Sold Price $320,000
Property Type Commercial
Sub Type Business Opportunity
Listing Status Sold
Purchase Type For Sale
Subdivision Lynnwood
MLS Listing ID 1992403
Sold Date 05/18/23
Property Sub-Type Business Opportunity
Property Description
Acropolis is a fine dining European Pizza/Pasta experience that is noticeable as son as you enter. Only the business is for sale, no real estate. W/a Huge menu + 3 areas for large groups and absolutely awesome entertaining space. It been this restaurant since 2016. It was a restaurant for 10 years prior as well. 2500 square feet. Was remodeled when purchased. The kitchen functions well and a solid a business as a whole. The kitchen equipment is on par to allow the restaurant to function as a higher rate. They are 3 years into a 7+7 year lease which was signed in 2018. 6 employees working full-time & 6 employees part-time. The yearly revenue is between $1.0m - $1.1m. Profit margin is between 18-25%. Overall a turn-key, Mostly absentee owner
Location
State WA
County Snohomish
Area 740 - Everett/Mukilteo
Interior
Fireplace false
Others
Senior Community No
Acceptable Financing Conventional, Owner Financing
Listing Terms Conventional, Owner Financing
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