Owner Financing is Available!
Business Overview:
The current owner built the space from scratch & did a wonderful job. The original plan was to spend $60,000 and 4 months to build out the space. It ended up being 8 months & over $100,000. The delays & added costs resulted in the owner running out of money shortly after opening. They opened the doors on Jan 6th of this year & even though they
saw a steady increase in sales, they ran out of money & had to close on Feb 7th.
The word on the street is that the food is very good. The owner went to culinary school & created the menu & recipes himself. The menu consists of specialty & traditional hot & cold sub sandwiches, hearty soups, salads & homemade shakes. You can add or delete anything you want to the menu because this is not a franchise. You are only limited by your imagination
Pictures of the restaurant, a copy of the menu and a list of all of the equipment included in the price can be emailed to you upon request. This is a great opportunity to pick up a turn-key business at a bargain price.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The space is 1,125 sq ft. The gross rent is $3,400/month & only increases 1% annually. The restaurant is located in a very busy strip center with high visibility & over 38,100 cars driving by each day. The security deposit is 1 month rent. There is plenty of parking & other tenants include Starbucks, US Cellular, H&R Block, Pizza Hut, etc.
The current owner is willing to provide as much training as needed. He wants to help the new owner/buyer succeed. Many of the employees are also willing to return to work.
Reason for Selling:
Undercapitalized-Ran out of money.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.