Quick Service Restaurant With Great Potential
Location California,United States
Asking Price Range < $250K
Gross Revenues $264000
Net Profit / Cash Flow $34225
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2003
Number of Employees 4 - 5
Inventory 25000
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training 2 weeks at 20 hours / week,
Reason for Sale Personal,
Description This quick service restaurant for sale is ideal for any new or different fast food or quick service concept due to the restaurant's flexible layout, chef-friendly kitchen (with a huge walk-in fridge/freezer), parking, potential for 2 patios, and ideal visibility. Located in central El Segundo, this location has fantastic access allowing the operator to attract local residents, beachgoers, refinery and airport workers, as well as commuters utilizing the 105 or 405 Freeways. While a new operator may seek to capitalize on the existing concept's loyal following, the location also lends itself to any new concept. Due to confidentiality, we cannot disclose the nearby competing concepts at this time, however since there are no known landlord restrictions a buyer can likely do anything - but will likely prosper with Thai, BBQ, Mexican Fast Food or the like.
Please note that it is necessary for all prospective buyers to fill out a Non-Disclosure Agreement as well a Buyer Profile indicating ability to purchase, and identifying where funding will come from. Requests for specific data without such will not be entertained/ This opportunity is not available for co-broker. Asking Price $130,000.
This 1,200 square foot quick service restaurant leases for only $1,800 per month plus $400 in common area maintenance (CAM) expenses, on a lease until June 2010 with one 5 year option. The facility has an ideal quick service set-up, a large walk-in cooler and freezers, and ADA bathroom, seating in front, as well as the ability to add a rear patio! El Segundo has a plethora of dining venues. This restaurant is ideally located to compete with all of them. It does have onsite parking, convenient access, and the ability to add a patio (and potentially beer and wine). New owners will likely seek to capitalize on the significant following the existing concept has created, or may prefer to implement a new concept all together.
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