2 Fast Food Restaurants With One Including The Real Estate, RRC #1258
Listing Description
------------------------------------------------------This is a unique opportunity to purchase 2 fast food restaurants with the same name, menu and concept and one of these restaurants also includes the real estate. It is the sellers desire to sell both businesses plus the building which is freestanding as one package to one buyer. The real estate includes the land and building and was recently appraised at $450,000 alone excluding both businesses. The business included with the building being sold (Business#1) does between $18,000 to $21,000 per month and the other business (Business #2) which is in a leased premises does between $12,000 to $15,000 per month in sales. Business #1 has the following equipment: 4' type 2 hood, steamer, soup warmer, cash register, 1 door undercounter refrigerator, single milkshake mixer, ice cream machine and ice machine, etc. The business has a display kitchen, lots of windows with an open airy feeling, its own parking lot and vehicular traffic of approximately 40,000 cars a day going by the site. Business #2 has the following equipment: utility sink, soup warmer, 1 door undercounter refrigerator + sandwich station, mop sink, hand sink, 3 compartment sink, 3 spindle milkshake machine, cash register, 5' display ice cream freezer, 3 full door refrigerator, steamer, 5' type 2 hood, and 5' steamer, etc. There is also an ADA restroom and storage area. This business is in a strip center and fronts a very busy street so it has excellent visibility and easy access.
General Information
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Organization: Corporation
Year Established: Contact For Info
Current Owner: Contact For Info
# of Employees: Contact For Info
Seating: Business #1 - 15 Business #2 - 25 + 12 outdoors
Square Foot/Size: Business #1 - 1000 bldg, 10,454 lot Business #2 - 1,200
Parking: Parking lot and street
Lic. Required: Business
Days Open/Hours: Business #1 M-Sa 10a-8p, S 11a-8p Business #2 - M-Sa 10a-8p, closed Sunday
Reason For Sale: Other interests
Name: Steve Zimmerman
Restaurant Realty Company
Address: 21 Tamal Vista Blvd, Suite 201
Corte Madera, CA 94925
Phone: 415-945-9701
Fax: 415-945-9702
Email: inquiry@restaurantrealty.com
Website: www.restaurantrealty.com
Financial Information
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Revenue: Contact For Info
Cash Flow: Contact For Info
Current Inventory: Contact For Info
Payroll: Contact For Info
Lease Information
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Lease Rent: Business #2 - $1298
Lease Expiration: 2015
Yearly Adjustment: Not Available
Lease Option: 5 years
Security Deposit: Not Available
Financing Information
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Down Payment: Contact For Info
All Cash: Contact For Info
Note Balance: Contact For Info
Rate/Term of Note: Contact For Info