Deron Bartels
Seattle, WA (USA)
Role(s):
Founder/Owner/Principal
Whet, LLC
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Startup
Location:
Seattle
Industry:
Food Service/Restaurant
Year Founded:
2010
Number Employees:
10-50 people
Business Stage:
Creation/Idea
Entity Type:
Limited Liability Company
Description:
A rare opportunity to step into a turn key bar in a prime location in Seattle Washington. The restaurant is turn key. It has a 100k kitchen with 8 burner stove, hood, all the glasses, plates, chairs, tables, walk in fridge etc. There is 2000 square feet of restaurant upstairs and 600 of storage downstairs with 3 freezers. It had a class H liquor license before and should qualify again.
The location is the key to this opportunity. It is located in the Pike/Pine corridor of Seattle's Capitol Hill neighborhood. This area is quickly becoming the restaurant and bar hotbed in Seattle. This particular location is in the middle of the most explosive area for growth and has done very well in previous years. A disagreement between the landlord and the previous tenant is the reason for the opening. The previous tenant was doing around 75k/month.
Attached to this post is a business plan that details the concept, projected financials, and demographics of the Capitol Hill area.
We are looking for 75K for the initial lease requirements(23K) and for some small renovations that would add to the concept's atmosphere. This initial money would also provide initial operating capital.