tai ho chinese restaurant memorandum offering · surrounding this business you will see many...
TRANSCRIPT
Offering
Memorandum Tai-Ho Chinese Restaurant MLS 916457 I CBA 572079 I $2,500,000
Floyd Taylor
Commercial Broker
206-276-2096
Xia Liu
Real Estate Broker
425-791-9337
OVERVIEW
Transportation
Tai-Ho Chinese
Restaurant is easily
accessed by
pedestrians, car and
bus transportation
Many customers from
nearby apartments
and condominiums
Tai-Ho Chinese Restaurant
Property Details
Property Name: Tai-Ho Chinese Restaurant Building Size: 4,506 Sq. Ft.
Site Address: 1612 NE Bothell Way, Kenmore 98028 Building Capacity: 120 Occupants
Tax Parcels: (1) 6181700127 Site: 13,420 Sq. Ft. (Land)
(2) 6181700145
Zoning: Kenmore-RB-Regional Business Price: $2,500,000
Built: 2002 Terms: Cash or Buyer Financing
Building Use: Restaurant/Lounge
Building Layout: Kitchen (includes walk-in refrigerator & freezer)
Main Dining Room
Lounge / Bar
Banquet Room
Property Aerial
Executive Summary Tai-Ho Chinese Restaurant is a well known and established fine dining place that
has been in business in this location over 25 years by the same owners. One of
the well loved specialties is “hand made noodles” made from the owners special
recipe.
In 2002 the owners built the current completely new custom designed and built
restaurant. The menu includes many great items that have kept their dedicated
and consistently growing customers coming back time after time!
In addition to the well equipped special kitchen with large walk in refrigerator &
freezer, there is a beautiful and spacious dining room and separate cocktail
lounge / bar and a large banquet room with a view for all those customers special
dining occasions and events
The business is currently very successful and growing. The only reason it is
becoming available is the owner has decided it is time to move to the next stage
of life and retire.
Location This business is located in the fast paced growing community of Kenmore, WA.
The location has just completed a new street beautification upgrade which is now
finished. This has provided a new wider street, with turn lane, sidewalks for pedes-
trians and curbings. Over all improved access and the overall business needs
have upgraded the appearance.
Surrounding this business you will see many apartments and condominiums from
which many customers are within easy walking distance.
This property overlooks Lake Washington and has beautiful view of it from the
upstairs banquet / dining room!
Operating Data
Tai– Ho currently has revenue in the million dollar range with room for growth. Detail financial information can be provided on request after receipt of a mutually acceptable offer.
Market Kenmore is in the sweet spot of new development on Bothell Way. Seattle area is
experiencing dynamic growth in high tech employment from companies like
Microsoft, Amazon, Boeing and the Bio Med industry. These are all great paying
jobs with young people looking for great places like, Tai-Ho to dine and be
entertained.
Apt & Condos Nearby
Banquet Room View
Bar & Lounge
Dining Room
Contact Us
Questions concerning this
offering should be
directed to:
CENTURY 21
North Homes Realty
13322 Hwy 99 South
Suite 201
Everett, WA 98204
Floyd Taylor
Commercial Broker
206-276-2096
Xia Liu
Real Estate Broker
425-791-9337
Exclusive The property represented herein is exclusively listed for sale by CENTURY 21
North Homes Realty, Inc. All negotiations for the purchase shall be conducted
through CENTURY 21 North Homes Realty, Inc.
Please do not disturb or contact owners, management or employees.
Burke Gillman Trail