Palmdale Food Court Restaurant With Growth Potential For Sale

Business description

This Palmdale food court restaurant, which has become a local favorite for its type of cuisine, presents the entrepreneur the ideal opportunity to own a well established, stable enterprise that can be absentee run, but can also be owner operated for higher profits, while still offering tremendous untapped growth potential. The sale includes all of the independent restaurant’s existing goodwill including its name, menu, well-trained staff, facility lease, etc.

Property information

Real Estate:

Lease

Lease terms:

The facility is on a lease until January 2015 with options to be negotiated (but not anticipated to be an issue). The lease is $3,300 per month plus $1,400 in common area maintenance expenses.

Location:

This 770 square foot facility with a shared dining area offers a grill, griddle, deep fryer, ice machine, chilled salad table, 5 door fridge, 1 door fridge, 3 bucket sink, 2 door freezer, cash register and much more. The facility is on a lease until January 2015 with options to be negotiated (but not anticipated to be an issue). The lease is $3,300 per month plus $1,400 in common area maintenance expenses.

Size in square feet:

770

Other information

Expansion potential:

This restaurant has tremendous growth potential for the restaurateur with the desire to launch additional food concepts or expand upon the current concept.

Competition / Market:

This restaurant is one of many in a large food court however it has a unique concept that differentiates it from the standardized offerings. Its relatively flat year over revenues are a testament to the niche its created for itself among many national brands.

Support & training:

2 wks at 20 hrs/wk

Reasons for selling:

Personal