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Asking Price:	$45,000 USD USA Dollars
Business for Sale Industry:	Food & Beverage: Restaurants, Fast Food, Deli
Reason for Selling:	Personal/Distance
Year Established:	2004
# of Employees:	4 part time
Yearly Revenues:	$160,000
Yearly Cash Flow:	$46,937

Business for Sale Overview:

This Montebello quick service restaurant is the perfect opportunity for the entrepreneur who seeks a ready built location, requiring minimal upgrades and is fully equipped with a walk-in refrigerator, hood and kitchen equipment. The business is located in a small “strip mall” on a main boulevard, with excellent visibility and plenty of parking. The seller seeks a quick sale as her daily commute is beginning to take a toll on her. Based on 2007 sales, the seller estimates discretionary cash flow was well in excess of $40,000. 2008 is currently tracking a bit lower. The Montebello community is heavily influenced by Latinos and Asians, which would make for an excellent concept to implement at this location.

Property Features and Assets:

The business is located in a 900 square feet facility with a lease rate of $1,563 per month. The lease is valid until 2009 with an option to extend for an additional 7 years. All of the business assets shall transfer in the sale, including the restaurant and kitchen equipment, furniture, name, menu and phone number, as well as the hood and walk-in refrigerator.

Market Competition and Expansion:

Competition is low as only one other restaurant exists in the shopping center. There are however a number of fast food restaurants in the area. A new owner may implement a number of different independent concepts which could work in the shopping center. If a new owner capitalizes on a concept that caters to the dominant demographics in the area, such as Asian or Mexican, the restaurant should sustain a competitive advantage over the fast food franchises.

Additional Details:

• The property is leased.
• The owner may be willing to train/assist the new owner.
• The owner may be willing to work for 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.