Profitable Absentee Operated Eatery
Asking Price: | $199,900 |
Gross Revenue: | $660,451 |
EBITDA: | $66,739 |
Established Year: | 2013 |
Cash Flow: | $66,739 |
Inventory: | $10,000 |
FF&E: | $150,000 |
Gross Sales: $660,451
Net Sales: $66,739
This popular franchised eatery occupies a high-profile location in one of Central California's premiere regional shopping centers, with some of the highest foot traffic counts, with upward trending year-over-year sales.
The facility is built out to the Franchisor’s specs with all current branding in place. With the cost of full TI build-outs in the $400,000 - $450,000 range for a store of this size, this presents an opportunity to acquire a proven successful, high-profile location for a fraction of what it costs to build. The store has consistently been top 3 in guest service and operations excellence, and a look at Yelp and Google reviews will give a good picture of the store from the customer's viewpoint. The location has shown steadily upward trending with $631,902 Gross Sales past year, and sales are up again by another 9% this year to date.
There is an additional opportunity for a hands-on operator to further increase profits. With a proactive delivery program to employees of other shops within the large Center (who logistically can’t make it to the store and back within their lunch breaks), and by adding catering it is believed there is potential to achieve $800K annual sales level within 1 year of ownership and it comes with a long-term lease and options to extend.
1784 SF Facility Features:
• Front service area with deli case, soup warmer, sandwich prep area, oven, and service counter with in-place POS system
• Large back prep area with walk-in cooler, grease interceptor, water heater, and new water softener.
• Fountain drink and bottled drink stations
• Access to ADA accessible Men's and Women’s restrooms
• Indoor seating for 66 with access to shared outside seating for 8
• High-visibility location in regional power center at one of the busiest intersections in the area
Offered for $199,900
For Additional Details or a private tour of the facility,
Contact Exclusive Listing Agent:
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