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Listed by:

Coldwell Banker Bain

Water Business Very Deep Money Potential In Bellevue For Sale

Bellevue, Washington
Asking Price:
$99,000 (USD) Furniture / Fixtures included
Sales Revenue:
$85,000 (USD)
Cash Flow:
Under $50K (USD)

Great Bellevue Location, very unique business, this is a water store so there is very NOT much competition. This business sells drinking water to homes and businesses.
This business has been at this location since 1997 and it is very established and well known. Lots of the customers are long term loyal customers.
Located in a high traffic area, with a store front parking lot.
Surrounded by a major shopping mall and other solid anchor stores: restaurants, florist, UPS store and cosmetic store etc. A new 6 level residential and retail building nearby will be built in the next few years.
There are lots of new improvements to this business recently: new carpets, new credit card reader for 24 hours water vending machine.
Store was cleaned thoroughly, and space was rearranged. New website was launched and new 2019 pricing has been adjusted for water and delivery services.
This is a great opportunity for a couple or just 1 person since the business is very easy.

Business is simple to learn; all the training will be provided. This is not a franchise, so if the new owner wanted to add another side business in this space to go along with the water business then he can do so. This business offers regular 10-6 business hours so no late nights.
Low labor costs and the lease is very reasonable, especially considering this hot location in Bellevue. If you are an entrepreneur and looking for a solid business opportunity to invest in then you should take a closer look this one.
There is no marketing on this business being done. If you add ads and increase the delivery service and add other side business in this hot area, the revenue could easily double or triple or more.

Property information

Real Estate:

Lease

Lease Terms:

expires on May 2021. The lease is renewable as well.

Leasehold Rent:

$44,076 (USD) per annum

Location:

Great Bellevue Location, Located in a high traffic area, with a storefront parking lot.
Surrounded by a major shopping mall and other solid anchor stores: restaurants, florist, UPS store and cosmetic store, etc. A new 6 level residential and retail building nearby will be built in the next few years.

Premises Details:

Monthly lease is only $3,673 for this high traffic location in Bellevue. That is everything including the triple net costs. The lease is assignable and expires on May 2021. The lease is renewable as well. About 1,200 square feet. It has an office area and room for storage. All the water filtration equipment included in the purchase of this business $99,000. It makes money right away when you open the door. Even when the store is closed, it makes money by 24/7 from a water vending machine. .

Size in square feet:
1,200

Business Operation

Expansion Potential:

This is not a franchise, so if the new owner wanted to add another side business in this space to go along with the water business then he can do so. This business offers regular 10-6 business hours so no late nights.
Low labor costs and the lease is very reasonable, especially considering this hot location in Bellevue. If you are an entrepreneur and looking for a solid business opportunity to invest in then you should take a closer look this one.
There is no marketing on this business being done. If you add ads and increase the delivery service and add other side business in this hot area, the revenue could easily double or triple or more.

Competition / Market:

Great Bellevue Location, very unique business, this is a water store so there is very NOT much competition. This business sells drinking water to homes and businesses

Reasons for selling:

Owner purchased this place last year and made lots of improvement, but has to sell it due to family emergency.

Trading hours:

10 to 6pm

Employees:
1 full time
Years established:
1997

Other Information

Support & training:

2 weeks training offered, but it is negotiable

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

80% down case by case basis

Furniture / Fixtures value:
$20,000 (USD) - included in the asking price
Inventory / Stock value:
$9,000 (USD)

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