Established Restaurant Mall Food Court Bellevue!!

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Asking Price:
$85,000

Gross Revenue:
$200,000
Cash Flow:
$1
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Almost 30 years established. Fully equipped Asian fast food restaurant set up in a mall food court. Great Eastside location with a strong customer flow of slow walking customers walking by your front counter all day, every day and that’s 7 days a week.

The mall does all the marketing for you and even offers free additional advertising for the tenants of the mall. The mall also takes care of all the table and dining area cleanup and restroom clean up. So, this is a very clean setup for ya!! Being located in a mall as you can imagine the parking is no problem. Lots and lots of tables and chairs in the dining area.

Upbeat atmosphere, owning a business in an upbeat atmosphere is good stuff. Only 480 square feet to maintain, type 1 hood system, a big grill top, and a walk-in refrigerator is more good stuff. The best stuff is the monthly lease as it is only $5,118 a month for a great high traffic location in a mall food court in Bellevue. Most major mall food court monthly lease costs are many, much more than that.

This restaurant has great visibility & signage within the food court too. This is not a franchise so you can change or modify this menu to your liking. This is a super opportunity for a new owner to just come in and be only concerned with the food and the preparation of the food. As the mall takes care of the majority of the other issues (marketing, maintenance, etc... that most restaurant owners have to deal with) Great to just focus on your cooking passion.

Ways to increase the profits, currently, no marketing or advertising is being done, not even a website. Another area of potential growth is new owner could offer specials and coupons to the menu or have a website that is assertive in the area of food delivery sales. The area around this mall is inundated with many homes and businesses. So, this business could surely tap into profit dollars outside the mall’s walls. There is no similar food competition in the mall, so that should give you some peace of mind knowing you own this particular food concept market at this location. Chew on that for a few moments.

Current owner has been at this location for almost 30 years, so that’s a good indication that there is a pretty good constant flow of good income from this business. Owner is very motivated as she wants to retire, so is willing to look at all offers. If you want to own a food business where the action is, give us a call to check out this mall stall.

About the Business

Location:
Bellevue, Washington
Year Established:
1990
Number of Employees:
3
Facilities:
Located in a mall food court. Monthly lease is only $5,118 which is great for a restaurant located in a major mall. Lease expires July 2020, landlord willing to give a long-term lease to a new tenant. Only 480 square feet to maintain has a walk-in refrigerator, type one hood with a very big grill surface. A big plus is you do not have to do any cleanup of the dining area and the restrooms. Very good signage and visibility within this food court too. This is a major mall so many, much, plenty of parking. All equipment is owned and included in the purchase price.
Market Outlook/
Competition:
There is no similar food competition in the mall, so that should give you some peace of mind knowing you own this particular food concept market at this location. Ways to increase the profits, currently, no marketing or advertising is being done, not even a website. Another area of potential growth is new owner could offer specials and coupons to the menu or have a website that is assertive in the area of food delivery sales. The area around this mall is inundated with many homes and businesses. So this business could surely tap into profit dollars outside the mall's walls.
Growth & Expansion:
There is no similar food competition in the mall, so that should give you some peace of mind knowing you own this particular food concept market at this location. Ways to increase the profits, currently, no marketing or advertising is being done, not even a website. Another area of potential growth is new owner could offer specials and coupons to the menu or have a website that is assertive in the area of food delivery sales. The area around this mall is inundated with many homes and businesses. So this business could surely tap into profit dollars outside the mall's walls.
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About the Sale

Reason For Selling:
Seller wants to retire
Training/Support:
2weeks training offered

Listing Info

ID:
1627717
Ad Detail Views:
0

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Business Listed by

David Smith

Coldwell Banker Bain

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