Description Recently Built Franchise In Freestanding Bldg - High Traffic Ctr - Desirable Rent Trms-price Reduced
RRC#: 2041
Asking Price: $99,000
Location: Greater Monterey Area, Greater Monterey Area, California
Yearly Revenue: $666,000
Yearly Cash Flow: $72,000
Monthly Rent: 4,500 + $1,020 NNN
LISTING DESCRIPTION:
This business is located in a freestanding building in a high visibility center. The owner spent $350K to design and build out the premises in 2013. Large glass windows on two sides provide superb inward and outward views and lots of natural light. The interior is beautifully designed with rustic wood plank walls, stylish lighting fixtures, porcelain tile flooring with table and counter seating, and a separate room for meetings or private parties. Orders are placed and picked up at a long service counter where final order preparation is also done. The behind counter flooring is all quarry tiled, with a partial list of equipment that includes a POS system, two 2-door sandwich prep fridges, humidified holding cabinet for prepared meats, beer fridge with taps, and a conveyor toaster unit. The spacious prep kitchen has two massive 12ft. type 1 hoods for the 6-burner range with oven, double deep fryers, and two gas smokers. refrigeration includes a walk-in cooler and a 3-door reach-in, large ice machine, plus the usual prep sink, hand sink and 3-compartment sinks. There are metal shelving racks for lots of dry goods storage, a private office, two ADA restrooms, and there is a 1,500 gallon in ground grease trap. The owner operates the business in a semi hands on capacity working about 15 hours per week. Sales and profit for this franchise would increase significantly for a new owner working full time in the business, increasing the existing catering, and promoting business functions and private parties.