Two Fast Food Restaurants, Major Mall Food Court-$319,000
| Asking Price: | $319,000 | Inventory: | $8,000 ++ |
| Gross Revenue: | $652,000 | Real Estate: | n/a |
| Cash Flow: | $163,804 (comments below) | FF&E: | $60,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Cash Flow Comments: discretionary cash flow | |||
Two Fast Food Restaurants, Major Mall Food Court locations, Non-Franchise, Captive Customer Base, serving Sandwiches, Fruit Cups, smoothies, kids meals, salads, deserts - a terrific menu. Each restaurant has been in existence for approximately 18 months and has experienced immediate growth. The profitability of each location is tremendous, due in large part to low cost of goods, low labor, no royalties or advertising fees, and extremely low rent ($2,500 per month for each location – which INCLUDES MOST UTILITIES!). The owner has truly carved out a niche in great tasting, all natural, all real fruit menu, a concept that has been labeled in the industry as one of the best new, fastest growing concepts. The current owner has focused very little on catering, which is a big market for small to medium size businesses in the area. This business has a staff in place and is ready for a new hands-on owner. This business is priced to sell at $319,000, with reasonable seller financing available with good credit and experience.
About the Business
Year Established:2008
Employees:3 full time - 6 part time
Facilities:Beautiful, fully equipped, immaculate, mall food court locations. All equipment is new.
Market Outlook and Competition:Competition: These business are in prime, highly sought after, mall food court locations. While not the only food provider in the mall, no one can compete with the quality sandwiches, freshness of the produce and overall menu.
Growth and Expansion: Current owner works one of the locations approximately 30 hours per week and a manager runs the other location. A new owner could spend time at each location with an assistant manager picking up the slack. Sales are up approximately 20% in 2009 over the same period from 2008. Marketing the catering aspect could positively impact sales immediately, as their menu lends itself to catering.
About the Sale
Management Training and Support:Two weeks training by the owner, or as needed.
Reason For Selling:Moving out of state.
Seller Financing:Seller financing available with strong credit and experience
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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