Business for Sale Overview:
Two Fast Food Restaurants, Major Mall Food Court locations, Non-Franchise, Captive Customer Base, serving Sandwiches, Fruit Cups, smoothies, kids meals, salads, deserts - a terrific menu. Each restaurant has been in existence for approximately 18 months and has experienced immediate growth. The profitability of each location is tremendous, due in large part to low cost of goods, low labor, no royalties or advertising fees, and extremely low rent ($2,500 per month for each location – which includes most utilities!). The owner has truly carved out a niche in great tasting, all natural, all real fruit menu, a concept that has been labeled in the industry as one of the best new, fastest growing concepts. The current owner has focused very little on catering, which is a big market for small to medium size businesses in the area. This business has a staff in place and is ready for a new hands-on owner. This business is priced to sell at $319,000, with reasonable seller financing available with good credit and experience.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
Beautiful, fully equipped, immaculate, mall food court locations. All equipment is new.
Furniture, Fixtures & Equipment: $60,000 (included in price)
Inventory: $8,000 (included in price)
Market Competition and Expansion:
Competition: These business are in prime, highly sought after, mall food court locations. While not the only food provider in the mall, no one can compete with the quality sandwiches, freshness of the produce and overall menu.
Growth and Expansion: Current owner works one of the locations approximately 30 hours per week and a manager runs the other location. A new owner could spend time at each location with an assistant manager picking up the slack. Sales are up approximately 20% in 2009 over the same period from 2008. Marketing the catering aspect could positively impact sales immediately, as their menu lends itself to catering.
Reason for Selling:
Moving out of state
Additional Details:
- The property is leased.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.