Summary
- Asking price:
-
$137,000
- Sales revenue:
- $200,000
- Net profit:
- $30,000
- Years established:
- 5
- Employees:
- 3 p/t
Business description
This Irvine area quick service restaurant is located within minutes of the John Wayne Airport and a myriad of local business parks. With a full kitchen, walk in cooler, food prep area, and indoor and outdoor seating, this facility provides a restaurateur the opportunity to capitalize on the large number of corporate employees and plentiful catering opportunities. The business is strategically located in a small center with plenty of parking, and neighbored by major traffic flow.
Property information
- Real Estate:
- Lease
- Lease terms:
- 1,298 sq. ft. for $5,200/month incl. CAM thru 2010
- Location:
- The business operates from a 1,298 square foot facility with a monthly lease rate of $5,200 including CAM. The sale includes all the assets of the business such as the kitchen equipment, hood system, walk-in cooler and display cases.
Other information
- Expansion potential:
- Many opportunities for growth exist. A new owner may implement a number of alternate concepts. The current owner does little active marketing and does not do direct mailings, vehicle window flyers, offer samplers, or promote delivery or catering services. Finally, a working owner should increase the level of customer service, control inventory and expenses, while reducing payroll expenses.
- Competition / Market:
- Competition is considered medium as other quick service restaurants exist in the center, however this business has a loyal following of clients who frequent it several times a week. The center has a variety of restaurants and a convenient location.
- Support & training:
- 2 weeks at 20 hours per week
- Reasons for selling:
- Other Business Ventures
- Trading hours:
- M-F 8-3
- Furniture / Fixtures value:
- $25,000