Prime Food Court Restaurant Space! Fully Equipped with Type-1 Hood

Asking Price$50,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

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Prime Food Court Restaurant Space! Fully Equipped with Type-1 Hood


Asking Price$50,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
Fully built-out restaurant space in a prime front location within a busy food court in Fremont.

The space offers excellent visibility and exposure to customers and is currently equipped for restaurant operations. The buyer can bring in their own concept and menu and take advantage of the existing restaurant infrastructure.

Equipment Included
Commercial Refrigerator
Commercial Freezer
Ice Machine
2 Commercial Fryers
6-Burner Gas Range
Commercial Type-1 Hood / Ventilation System
Grease Interceptor
Storage Rack
Stainless Steel Side Table
Sandwich Prep Refrigerator
Existing restaurant furniture, fixtures and equipment

Lease Highlights
Rent: $4,250/month including NNN
Assignment Review Fee: $500, non-refundable
Landlord's prior written approval is required for lease assignment
Existing lease has an initial 5-year term


Buyer Requirements

The existing franchise is NOT transferable. Buyer must operate under their own business concept and menu. The franchise is not included in the sale.

Prior to scheduling a showing, prospective buyers are required to provide their proposed concept and menu for review.

Landlord Assignment Requirements

The Landlord requires the following application package for review:

Company profile, including incorporation documents listing all company officers
Applicant's personal and corporate tax returns for the past 2 years
Applicant's financial statements for the past 3 months
Copy of applicant's driver's license and email address
Proposed menu
Profit & Loss statement of applicant's current business
Credit check fee: $25 (estimate.)

All showings are by appointment only and subject to receipt of the required information. Final lease assignment is subject to Landlord's review and written approval.
About the Business
Years in Operation
2
Employees
3 (2 Full-time, 1 Part-time)
Real Estate
Owned or Leased
Leased
Rent
$4,250 per month
Lease Expiration
7/1/2028
About the Sale
Transition Support
The current owner is selling this smaller food court location in order to focus on their full-service restaurant operation. This is a strategic decision to concentrate resources and management efforts on the larger full-service location, creating an excellent opportunity for a new owner to take over this well-equipped food court space and introduce their own concept.
Listing Info
ID
2540310
Listing Views

Listing ID: 2540310 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 of Use. Learn how to avoid scams.


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