Brewed Awakening 9024 Railroad Ave SE

Investment Highlights

Located next to the largest multicity high school in WA state Large parcel with unused space to expand Retail frontage on Highway 202, major commuter path from North Bend to Redmond 1 of 2 drive-thru's permitted in city & no additional drive-thru's will be permitted by city.

Executive Summary

Well-established, ideally located & Profitable - Drive thru Coffee Shop for sale(Property / Buildings / Equipment / Furniture / Fixtures / Inventory included)Sales Revenue: $517K ,Cash Flow: $122K , Average YOY Growth: 20%Entering its 9th year in business, Brewed Awakening has enjoyed profitability from its start-up in 2016. It?s been owner operated and employee/manager operated, either direction still resulted in annual owner profits. It is currently operated by an absentee owner. Brewed Awakening delivers a wide array of beverage and food varieties to accommodate the clientele from the adjacent High school to the daily commuter on Highway 202.Attributing to Brewed Awakening?s success is a key location, specialty menu including items like biscuits & gravy, ?piggy bags? (warm & crispy slices of bacon), specialty coffee drinks & a custom branded energy drink line. This is a uniquely profitable business, as a result there is the opportunity for an owner/operator or a buyer group.Building Information: Building: 228 SQFT, built in 2005 & includes a private bathroomCovered Walk up service windowExpansion Potential: Plenty of room for expansion on the 0.35 acre (15,193sqft) parcelAdditional Structures:(x2)10? x 12? storage Sheds- 10? x 10? Cedar Gazebo with live edge slab bar counter & bar stools, Outdoor couches/ coffee table, fully decorated, outdoor speakers & inferred heaters.Property Information:Real Estate: Real Property Included ? 9024 Railroad Ave SE Snoqualmie, WA 98065Lot Size: 0.35 acre (15,193sqft)Traffic: Average Daily Traffic per WSDOT - Traffic Count Database System: 9,430Visibility: Highway 202 frontage entry & visibilityDrive Thru: Drive thru holds 9+ cars within a curbed holding zone, additional holding into parking lot. Snoqualmie will no longer permit drive-thru businesses. This parcel is 1 of 2 in town grandfathered in that designation. The business usage must remain utilizing the drive-thru without a lapse greater than a 1-year period to keep drive-thru designation. Parking: 7 designated parking stallsAdditional Building upgrades include:24KW Generac natural gas generator with auto switch (Powers the entire property automatically within 5-10 seconds after power outage, no need to worry about spoiled product & it?s the only coffee shop open during power outages)Navien Commercial natural gas tankless hot water heater (Endless supply of hot water)Commercial split AC/Heater (Easily & cost efficient way to heat or cool the entire shop even when drive thru window remains open)Work Stations: Stainless Steels countertops & shelves throughoutCeiling exhaust fan (circulates hot air out of the shop before the need to run the A/C unit)Location: Standalone property parcel located on a major commute route Highway 202, between North Bend and Redmond/Seattle.Major points of Interest: Next to largest multicity high school in the State of Washington; Mt. Si High School (Serves student who reside in East Redmond, Fall City, Snoqualmie, & North Bend). Across the intersection is the Junior High School along with an elementary school 2 blocks away. The shop is very busy before and after school, plus all day on the weekends due to high school events.Access: Two access points with easy ingress/ egress, no turn direction restrictions. Freeway: Conveniently located off Interstate 90, Exit 27. Just 10 minutes east of Issaquah, it?s located less than 30 minutes from Seattle. Snoqualmie has quickly grown in population as more Microsoft, Amazon & Boeing employees find the area an ideal suburb to raise a family but is still in proximity for commuting to work in Seattle/ Redond. Exit 25 (Snoqualmie Ridge) is very congested to freeway access, most local opt to drive through Snoqualmie to exit 27 to easily access the freeway & stop at Brewed Awakening for a coffee on their way. Snoqualmie Ridge consists of 80% of Snoqualmie?s population of 14,000 people per the 2023 census. The average home price is just over $1 million dollars, with the average household income at $171K. The private members golf club, ?TPC at Snoqualmie Ridge?, hosts an annual PGA Tours golf tournament bringing in thousands of visitors.Tourism: A large source of revenue due to being located near The Snoqualmie Falls, The Snoqualmie Historic Train Depot (Thomas the Train visits every summer), The Snoqualmie Casino & hikers seeking the trails of Mt. Si & Rattle Snake Ledge & Lake. Adjacent Businesses: Next door is a popular local car wash & Jiffy Lube automotive center. Flood Info: Due to being located within a city with a major river, the parcel does fall in the flood zone along with the entire city of Snoqualmie. A large city storm drain is located within the parking lot, even though this property is in the flood zone, the building is built 2? above the 100-year flood marker, elevation certificate completed.Competition / Market:There is a small coffee shop on the other side of town, no exposure to east bound commuter as it?s tucked behind the bowling alley. No other coffee or drive-thru food competition is located along highway 202 until you reach Fall City or North Bend, both miles away. Starbuck?s is located on Snoqualmie Ridge & in North Bend, both miles away.Sales Avenues:Drive Thru: Serves up to 220 cars per dayWalk-up window: Daily upon the release of school there are 45+ students who walk to the shop to purchase food & drinks. Throughout the day we have tourists, hikers & locals who visit as well. Online Sales Portal: We have a proprietary online sales portal for customers to order & pay for items in advance for quick in-person pick-up at desired time. This brings 25K viewers annually to view our website. The local school district & medical facility utilizes this option 3 times per week for staff meetings consisting of approximately 30 drinks per order. Catering: We offer small & large catering options for in-person pick-up. From disposable 96oz Joe2Go boxed drink carriers to a 5 Gallon Cambro beverage dispenser; serving drip coffee, latte, Mocha, Americano, Hot Chocolate & Apple Cider. We also offer a Meeting sampler box with a variety of baked pastries. The local school district has us provide catering annually for events like Donuts with Dads for Father?s Day, Mother?s Day tea, Teacher appreciation week & many more events. Drinks served per day: Approximately 200 drinks per day3rd Party Sales: We utilize UberEats as a secondary marketing & revenue source for delivery orders.Tips: Our employees earn $105K in tips annually.Payment Methods: Credit/debit/Apple Pay/Google Pay (72% of sales), Cash (20% of sales), Gift cards (7% of sales) Gift Cards: Sold in-person & online in any load amount.Employees: 128 hours per week (2 full time, 3 part time employees currently on staff)Furniture / Fixtures value: $80,000 - included in the asking price.Inventory / Stock value: $15,500 - included in the asking price.Selling: Owner relocating.

• Sale Type    Investment or Owner User
• Sale Condition    Business Value Included
• Property Type    Retail
• Property Subtype    Fast Food Fast Food General Retail Freestanding General Retail Restaurant General Retail Storefront Fast Food
• Building Size    228
• Building Class    B
• Year Built    2005
• Price    1,395,000
• Price Per SF    6,118
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.02
• Land Acres    0.35 AC

• Bus Line
• Security System
• Signage
• Drive Thru
• Storage Space
• Air Conditioning