Versatile Mediterranean Food Court Operation
Location California,United States
Asking Price Range < $250K
Gross Revenues $240000
Net Profit / Cash Flow $45000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 2007
Number of Employees 6 - 9
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Leased
Description Versatile Mediterranean Food Court Operation In Busy Center - Multi Concept Possibilities
RRC#: 1824
Asking Price: $65,000
Location: East Bay City, Alameda, California
Yearly Revenue: $240,000
Yearly Cash Flow: $45,000
Monthly Rent: $4,218 all inclusive
This is a highly visible Mediterranean food court operation, located in a large mall catering to a very diverse clientele. The kitchen is well equipped and could be adapted to various other menu concepts including Indian, Pakistani, Afghan, Persian, Thai, Korean and others. The kitchen has two 8' back to back type 1 hoods, a walk in cooler, two gas Gyros rotisseries, two 4' stainless work tables, a 3' gas char broiler with stainless table stand, 4-burner range with oven, double deep fryer, slicer, meat grinder, ice machine, sandwich prep fridge, 4' deli case and 4' deep freezer. There is also a 3-compartment sink, prep sink, two hand sinks, mop sink, a security system, stainless wall shelves, wire rack shelving units and employee lockers. The substantial sized kitchen and equipment would also be ideal for outside catering and delivery. This operation is very efficient and can be easily run by a hands on owner with minimal employee payroll expenses. The $45,000 cash flow for the business equates to about $35,000 in annual net profit and an additional $10,000 in owner expense add backs.
GENERAL INFORMATION:
Organization: Sole Proprietorship | Year Established: 2009 | Current Owner: 2010 | Seating: Food Court | Square Footage: 622 | Parking: Parking lot | Licenses Required: Business | Days Open/Hours: 7 / lunch and dinner | Reason For Sale: Other interests |
FINANCIAL INFORMATION:
Yearly Revenues: $240,000 | Yearly Cash Flow: $45,000 |
LEASE INFORMATION:
Monthly Rent: $4,218 all inclusive | Lease Expiration: 11/2004 | Yearly Adjustment: 4% | Lease Option: Negotiable
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