Fast Food Restaurant In Major Mall-Price Reduced!

Not Disclosed, MI
Wayne County

Wayne County Suburb


Asking Price: Annual Revenue:
$94,500 $55,652

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Fast Food Restaurant In Major Mall-Price Reduced! Broker: Capital Business Brokerage
Owner Financing is Available!
Negotiable

Quick Facts

Asking Price: $94,500
Annual Revenue: $55,652
Net Profit: Not Disclosed
Cash Flow: $9,504
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2018
Employees: 6
BBN Listing #: 14472679
Broker Reference #: B2498

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Business Overview:

Note: Financials are from January 19-March 19. This is a fantastic opportunity to own a fast food restaurant with excellent curb appeal located inside a busy shopping mall. This restaurant has professional branding, a great menu and all brand new equipment needed to run the business. Their primary products are chicken and fish. The restaurant opened up at the end of December 2018 and has already started to produce positive cashflow. 75% of their business is through mall traffic and the remaining 25% is from people coming outside the mall. The only marketing done by the owners is through email targetted to the mall tenants. There is minimal competition within the mall. The reason the owner's want to sell is because their operating partner ended up backing out last minute and they don’t have time to run this business. They own multiple businesses and wanted to start this restaurant as an investment with an operating partner. Currently the restaurant is being operated by a manager without the owner's involvement. An operating owner can grow this business exponentially especially during the busy times at the mall. This business has an excellent lease agreement for ten years with an option to renew every three years with minimal increase in rent. This is a turn-key operation and is priced to sell since the owners are very motivated. Call us today to learn more about this opportunity.

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Reason for Selling:

Other business interests.

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.

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