Fast Food Restaurant In Mall-Price Reduced!

Contact Seller

Business Description

Note: Financials are from January 19-March 19.
This is a fantastic opportunity to own a fast food restaurant with excellent curb appeal located inside a busy shopping mall. This restaurant has professional branding, a great menu and all brand new equipment needed to run the business. Their primary products are chicken and fish. The restaurant opened up at the end of December 2018 and has already started to produce positive cashflow. 75% of their business is through mall traffic and the remaining 25% is from people coming outside the mall. The only marketing done by the owners is through email targetted to the mall tenants. There is minimal competition within the mall. The reason the owner's want to sell is because their operating partner ended up backing out last minute and they don’t have time to run this business. They own multiple businesses and wanted to start this restaurant as an investment with an operating partner. Currently the restaurant is being operated by a manager without the owner's involvement. An operating owner can grow this business exponentially especially during the busy times at the mall. This business has an excellent lease agreement for ten years with an option to renew every three years with minimal increase in rent. This is a turn-key operation and is priced to sell since the owners are very motivated. Call us today to learn more about this opportunity.

About the Business

Location:
Wayne County, Michigan
Year Established:
2018
Number of Employees:
3ft/3pt
Facilities:
Rent: $2,000 Gross
square feet:1400
Growth & Expansion:
see profile
Contact the Seller

About the Sale

Reason For Selling:
Other business interest
Training/Support:
seller will train
Seller Financing:
seller financing available with $40,000 down

Listing Info

ID:
1630933
Ad Detail Views:
0
Asking Price:
$75,000

Gross Revenue:
$55,625
Cash Flow:
$9,504
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$2,000
not included in asking price

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

Share this business:

Contact the Seller
$
Please confirm you're not a robot
Contact the Seller
Business Listed by

Greg Edgecomb

Capital Business Brokerage

 Show Phone Number

View My 48 Active Listings

Similar Listings


Report an Issue 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. See our full Terms & Conditions.