Quick Service Restaurant For Sale
Location California,United States
Asking Price Range $250K - $500K
Gross Revenues $893430
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2001
Number of Employees 10 - 19
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training 2 weeks at 20 hours/week.
Reason for Sale Personal.
Description This Century City mall quick service restaurant may very well be the highest profile mall food court location in Greater Los Angeles! The facility, whose concept and construction cost the owner $400,000 to launch, enjoys fantastic visibility from all directions, while boasting plentiful indoor and outdoor customer seating. The kitchen is fully outfitted and could likely work for nearly any concept with minor, if any, modification necessary. As this is a Westfield mall location any proposed tenant should be fairly well qualified; the current owner has a stellar rapport with the landlord however, which is why they have a comparatively favorable lease rate!
Asking Price $225,000.
This prominently located food court facility leases for $12,750 per month on a lease until September 2018, with options to be negotiated. The sale includes all of the business's assets including a complete kitchen and a separate food storage area with a walk-in cooler and freezer, and a separate dry storage area.
As this quick service restaurant is located at the epicenter of one of the city's most crowded food courts, competition does exist. This location's dominant location, coupled with other assets that are included in the sale, provide it a sustainable competitive advantage.
New owners may seek to continue to grow the current concept, or most likely, capitalize on the dominant location and high foot traffic to launch an entirely new concept. From a branding perspective, this is an unmatched space that will help solidify any aspiring chain's market position.
Click Here To Contact Seller
|
|