Fast Food In Shopping Complex
Location California,United States
Asking Price Range < $250K
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2006
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training 2 weeks at 20 hours / week.
Description This fast food restaurant's highly unique location provide it the best of all worlds - a built in client base (on a daily basis), a high traffic shopping complex with plenty of parking, complementary neighbors, a reasonable landlord, and the ideal opportunity to launch a new concept at a time when the shopping center is undergoing dramatic renovations. This facility could do very wall as a pizza restaurant, Mexican, Thai or similar fast food concept. The restaurant, which is located in a major complex with several major anchor tenants. As the current trade name, logo and recipes are not included in this sale, no financials will be provided. Buyers, however, will immediately recognize the neighboring restaurant's overwhelming success.
Please note that it is necessary for all prospective buyers to fill out a Non-Disclosure Agreement as well a Buyer Profile not only indicating ability to purchase, but also identifying where funding will come from. Requests for specific data without such will not be entertained, nor will responses such as Not Applicable, Bank Loan (without indicating % down), or Investors. This opportunity is not available for co-broker at this time. Asking Price $50,000.
The fast food restaurant for sale occupies 1,200 square feet. The current lease rate is $4,094 per month, with two years remaining, however, the landlord would likely grant a new long-term lease at approximately is at $4,300 per month including NNN and CAM expenses, with an option. The sale comes with all of the furniture, fixtures and equipment fully paid for in the sale, however, the current concept's name and brand will not transfer in the sale. Woodland Hills has a varied array of restaurants. This location, however, has a built in traffic base providing it a steady customers base. New owners will likely seek to implement a Pizza, Burger, Mexican, Thai, or similar concept.
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