Fast Food Restaurant In Major Mall
|Location:||Suburban Wayne County|
|Amortization Period:||12 months|
|Gross Sales:||$55,625 (Jan 19-Mar 19)|
|Cash Flow:||$9,504 (Jan 19-Mar 19)|
|Days Open:||7 days|
|Business Hours:||Mall Hours|
|Licences Required:||Sales Tax|
|Year Established:||December 23, 2018|
|Year Acquired:||December 23, 2018|
|Monthly Rent:||$2,000 Gross|
Note: Financials are from January 19-March 19.
This is a fantastic opportunity to own a fast food restaurant with excellent curb appeal located inside a busy shopping mall. This restaurant has professional branding, a great menu and all brand new equipment needed to run the business. Their primary products are chicken and fish. The restaurant opened up at the end of December 2018 and has already started to produce positive cashflow. 75% of their business is through mall traffic and the remaining 25% is from people coming outside the mall. The only marketing done by the owners is through email targetted to the mall tenants. There is minimal competition within the mall. The reason the owner’s want to sell is because their operating partner ended up backing out last minute and they don’t have time to run this business. They own multiple businesses and wanted to start this restaurant as an investment with an operating partner. Currently the restaurant is being operated by a manager without the owner’s involvement. An operating owner can grow this business exponentially especially during the busy times at the mall. This business has an excellent lease agreement for ten years with an option to renew every three years with minimal increase in rent. This is a turn-key operation and is priced to sell since the owners are very motivated. Call us today to learn more about this opportunity.
This information has been supplied to Broker, Capital Business Brokerage, Inc. by Seller or obtained from other sources. Broker has not and will not verify the accuracy of this information. It is recommended that Purchaser independently verify the accuracy of this information with Purchaser's counsel.