Seller's Contact Information
- RE: Fast Food, Low Lease, High Traffic Tacoma
- Contact: Becky Smith
Quick Facts
| Asking Price: | $50,000 | |
| Annual Revenue: | $1 | |
| Net Profit: | $1 | |
| Cash Flow: | $1 | |
| Total Debt: | $1 | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2016 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 399851531 | |
| Broker Reference #: | BOBTAC |
Business Overview:
Fast food restaurant for sale. This is located on a high-traffic street in a big shopping plaza, with a very low monthly lease. Close to Tacoma Community College.
Besides burgers and fries, this restaurant also offers many healthy food choices as well such as bubble tea, smoothies, gelato, energy drinks, paninis, and more. Even though donuts are offered, we can’t promise they are healthy but they are tasty and they sell good. This menu offers delicious fast food choices to customers and all tastes.
This is not a franchise so lots of creative freedom for you and your business plan. You do not have to be a trained chef or an experienced business owner to own this business. This is a very simple business and food concept, easy to learn, train and transition into.
This business also lends itself well to absentee ownership, that means more time for you. Another very big positive point for you is the very small monthly lease of less than $2700 per month. This will help to put you in the profits early every month. Oh by the way water and garbage are covered in this less than $2700 per month.
Some more sweet things to know about this business are the current lease does not expire until 2024 and it has a 5-year option to extend. Has no type 1 hood system but does have a system set up to serve burgers, fries, and other fried foods. Even though donuts are offered here it should be noted that donuts are not made here just sold here.
This restaurant does not open until 11 AM so if the new owners wanted to open earlier they could dipping deeper into the donut and coffee profits. Currently, no coffee or espresso is even offered. Adjust the operating hours and offer espresso with the donuts it all makes more dollars & CENTS $$$.
Another way to increase the bottom-line numbers is to offer other breakfast selections on the menu. Maybe breakfast sandwiches or breakfast burritos along with the donuts and coffee. Another important business practice to implement is to have consistent operating hours in place. Currently, not so much.
The seller wants to move out of state so the motivation to make a good deal for you is real. If you are looking for a fast-food business to buy in a high-traffic location with a low monthly lease then this may be a perfect fit for you. Give us a call!
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Property Features and Assets:
The monthly lease is $2,671 and that is with the triple Net included. The lease expires in 2024 and has a 5-year option to renew. This space is about 1,000 square feet and seats about 30 people. Lots of extra storage space. There is no type 1 hood system but there is a system set up to cook hamburgers and fries without the type 1 hood. All equipment is owned and included in the purchase price. Signage and visibility are very good from the street. Lots of free parking in a shared parking lot.
Market Competition and Expansion:
No similar competition is anywhere close by. People will always be looking to buy a quick tasty meal or snack, and that’s timeless money spent. This high-traffic location and being close to a big community college ensures lots of a young customer base. This does not open until 11 AM so if the new owners wanted to open earlier, each day they could be dipping deeper into the donut and coffee profits. Currently, no coffee or espresso is even offered. Adjust the operating hours and offer espresso with the donuts it all makes more dollars & CENTS $$$.
Reason for Selling:
The seller wants to move out of state. Also has he
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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