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Business For Sale
TACO DEL MAR LOCATED IN WAL-MART SUPER CENTER
Attn:
Kirk or Randi Edwards
Poulsbo, WA, USA
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Listing Number: "hfngPolsbo"
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Listing
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Asking Price: |
$250,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Restaurants, Fast Food, Deli
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Reason for Selling:
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The owner is totally absentee. |
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Year Established:
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2006 |
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# of Employees:
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4FT / 4 PT |
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Yearly Revenues:
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$403,000 |
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Yearly Gross Income:
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$403,000 |
Business for Sale Overview:
This Taco del Mar has an outstanding location in one Kitsap Counties fastest growing cities. It is located in the new Wal-Mart Super Center along with Wal-Mart and Home Depot. Established for 2 years, this business has a solid base of customers for the new owner to build upon. The current owner is absentee and has not taken the time to do any promotion or get involved in the local community. With an outstanding name and concept like Taco del Mar and some hands on management and personal service by the new owner this business is ready to explode. This is a turnkey operation with only an upside potential for more growth and profits. Top of the line training provided locally for 2 weeks with the Franchiser and in store training for one week after closing. 6% Royalty and a 2% ad fund fee. The transfer fee is $5,000 and Seller will pay half of the transfer fee.
Property Features and Assets:
This Taco del Mar is located in the new Poulsbo Wal-Mart Super Center with high visibility and lots of foot traffic. The business occupies 1200 sq ft and seats 32. The base rent is $2,600 plus NNN charges of $838 per month. The current Lease runs till 03/30/2016 and has two (2) Five (5) year options to extend the term of the Lease.
Market Competition and Expansion:
This is the only Taco del Mar in this area and there is no direct competition in the immediate area of this store. It is located in the new Wal-Mart Super Center along with Wal-Mart and Home Depot. By virtue that this is an absentee operated business there are many things that could be done by an owner/operator that could increase the growth and expansion of the business. Just by having an owner on-site would help the morale of the employees and the quality of service that is given to each customer. The new owner could start an aggressive catering program that would increase the sales.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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