Restaurant for Sale in Food Court of Popular Mall in South Florida

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Asking Price:
$99,000

Gross Revenue:
$250,000
Cash Flow:
$50,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Buy this Quick Service Restaurant for Sale in the food court of high traffic mall. Quick service concept has been serving Mediterranean (Falafel and Shawarma) themed food in South Florida Mall for two years. Earnings of $50,000!
Buy this restaurant for sale since locating your business in the food court of a popular mall has many advantages. The mall advertises and attracts customers for you on a daily, weekly, and monthly basis. The employees of the mall will become some of your best customers. The common dining room and restrooms are maintained by the mall staff. Your utility expense is minimized as you will not have to furnish electricity or air conditioning for the dining room area.
This restaurant for sale offered by We Sell Restaurants in a mall with nearly a million square feet of rentable space. Join more than 115 stores housed within a location driving traffic each day. That's a lot of customers and employees that you can serve. The square footage of the restaurant is 1,050 and the very low monthly rent is $4,500.
The fully equipped commercial kitchen of this food court restaurant for sale has everything you will need to run this or any other concept. The exhaust hood is 12 feet long and the grease trap is maintained by the mall. The refrigeration equipment is all commercial grade and includes a walk-in cooler and walk-in freezer. Under the very long hood, the restaurant is equipped with two gyro cookers, a flat top, two-eye burner, and a char-broiler. The restaurant also has a small waring double stacked oven.
This food court restaurant for sale has a very good reputation around town and many customers flock to the mall just to visit this location. The current concept is Halal fast-casual Mediterranean & Indian foods (Dubai styles concept.) Can easily convert to your own fast food concept as it is well equipped with new equipment. In order to accommodate the customer base, the restaurant has begun to deliver outside the mall. This should increase sales and profits as this service begins to take off.
This is an independent restaurant for sale and not associated with a franchisor you DO NOT HAVE TO PAY ROYALTIES. You keep all your profits. In 2018 the business will have a seller's discretionary income of $50,000 on $250,000 gross sales.
The current menu is Greek and Mediterranean. Offerings include Gyros, Shawarma, Falafel, Eggplant, Souvlaki, Moussaka and more. Catering is popular, and a separate catering menu is available. Monday thru Friday a $5.00 lunch special menu is used and very popular. All recipes will transfer, and the seller will remain for two weeks of training at no additional cost.

About the Business

Location:
Broward County, Florida
Year Established:
2017
Number of Employees:
5
Real Estate:
Leased
Building Sq. Ft.:
1,050
Rent:
$4,504.50 Per Month
Facilities:
Utility Cart Walk- In Cooler Walk-In Freezer Ice Machine Three Compartment Sink S S Shelving Robot Coupe Microwave 2 Prep Tables Safe Waring Double Stacked Oven - Pizza Small Panini Press 3 Hotel Pan Steam Table Two Door Sandwich Cooler Cash Register Glass Door Bev Cooler Two Door Low Boy Cooler Fryer 2 Gyro Cooker 2 Equipment Stands Flat Top Two Eye Burner Char Broiler
Website:
www.wesellrestaurants.com
Market Outlook/
Competition:
Located in Food Court of popular mall this business has a constant flow of business The food court has a variety of food venues of which none is of the same concept
Growth & Expansion:
The addition of delivery service outside the mall has provided additional lunch business This is an area of growth potential for the future
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About the Sale

Reason For Selling:
Other
Training/Support:
Owner will train for two weeks at no additional cost

Listing Info

ID:
1581495
Ad Detail Views:
0

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Business Listed by

Ken Eisenband

We Sell Restaurants
License# BK3249847

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Sponsoring Broker:

Eric Gagnon
We Sell Restaurants
License# H49152

U.S. Census Data for Broward County, FL
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Broward County, FL
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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