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Andy Webster, Broker
360-305-1329
3610 Meridian St
Bellingham, WA 98225
BROKER:
FOR SALE: $375,000
Dirty Dan Harris Restaurant
1211 11th St.
Bellingham, WA 98225
Coldwell Banker Bain ©2015 Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Coldwell Banker
Commercial Affiliates fully supports the principles of the Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial
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BUSINESS OPPORTUNITY
BELLINGHAM WA - FAIRHAVEN
Offering Highlights:
Positive Sales Trends
Fairhaven Location.
Assumable Lease
Favorable Lease Rate.
Seating for 110
Strong Cash Flow.
Class H Liquor License
2
Coldwell Banker Bain
Business Opportunity
EXECUTIVE SUMMARY
LEASED PREMISES
MARKET HIGHLIGHTS
THE BUSINESS:
Dirty Dan Harris Restaurant
1211 11th St.
Bellingham, WA. 98225
LOCATION HIGHLIGHTS
BUSINESS HIGHLIGHTS
Rental Square Feet: 3,875 SF
Lease Type: Percentage Lease + NNN
Current Base Rent $7,43/SF/Yr. ($2,400/mo.)
NNN Charges $3.09/SF/Yr. ($1,000/mo.)
Percentage Overages $15,797/Yr. ($1,316/mo.)
Dirty Dan Harris Steakhouse, an iconic Fairhaven estab-
lishment, 47 years of fine-dining, serving steaks, seafood,
spirits and premium wines. Located at the center of a vibrant
historic/tourist district, with new condos, apartments, & shops.
Restaurant's 3875 SF, provides seating for 84, with additional
26 at the bar , plus seasonal sidewalk tables. Open six days/
per week, 5-9PM. Long history of consistent growth in sales &
profitability. Sale includes FF&E, signage, website & name.
Bellingham/Fairhaven
Located only 50 miles from Vancouver BC and 90 miles from
Seattle. Proximity to both metro areas provide access to 6.6
million people. Bellingham is know as a college town, with
Western Washington University with it’s 15,000 students.
Fairhaven real estate development started 30 years ago and
took off in 2005, with major development of condos and
shops . That trend continues today with Fairhaven Tower a
mix-use development at 12th and Harris and other projects.
Restaurant
In business for 47 years
All FF&E included in Sale
Gross Sales: Disclosed with NDA
Cash Flow: Strong
Class H license
Employees: 2 full-time, 13 part-time. .
Potential to open for Lunch or Brunch.
Andy Webster, Broker [email protected]
Coldwell Banker Bain 360-305-1329
3
Coldwell Banker Bain
Business Opportunity
FINANCIAL INFORMATION:
Financial information available with signed NDA.
