Lakewood, WA 98499

$130,000

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Listing courtesy of The Agency Northwest. Selling Office: Skyline Properties, Inc..

Sold Price
$130,000
List Price
$159,900
Status
SOLD
MLS#
2143659
Closing Date
Dec 08, 2023
Days on Market
72

Property Description

Great fast food setup, has 2 type 1 hood systems set up, 2 walk-in coolers, and a walk-in freezer, self-standing building with its own parking lot and DRIVE THRU window. Consistently does over $500K in gross sales every yr. In 2022, closes to $600K in sales. Even more IMPRESSIVE in this is this operated by ABSENTEE OWNERSHIP. Yes, that's right this owner lives in another state. So even not being here this owner still takes home an annual net income from this fast-food business of about $78,000. So you can imagine this is a pretty passive income. An owner-operator would probably be in the six-figure net range. This is a franchise, but you can buy this fully equipped restaurant as NOT part of the franchise and create your food concept.

Additional Information

Community
Lakewood
Building Condition
Good
# of Assigned Spaces
17
Potential Terms
Cash Out
Driving Directions
Undisclosed
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