Seller's Contact Information
- RE: Fully Equipped Grab & Go Restaurant
- Contact: Becky Smith
Quick Facts
Asking Price: | $80,000 | |
Annual Revenue: | $272,082 | |
Net Profit: | $50 | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2020 | |
Employees: | 4 | |
BBN Listing #: | 945651531 | |
Broker Reference #: | DSSAMMARY |
Business Overview:
The monthly lease is only about $1,500 per month. Boasts an 8-foot type one hood with a fire suppression system, a steam table, deep fryers, and many other chef equipments.
Lots of refrigeration and plenty of space for cooking and food preparation. This setup is a grab-and-go-style restaurant. Only 750 square feet to clean and maintain, no dine in so no waitress or waiters to pay.
Twelve years established at this location preparing and serving Filipino cuisine. This has no competition in town or the surrounding towns. A large loyal customer base is already built up if you keep the same concept. But this fully equipped kitchen allows you to take the menu in any direction you want.
This is a perfect location and set up for catering and with NO similar food competition, the sky’s the limit on these catering dollars. Also, this is a great setup as the home base commissary kitchen for catering trucks.
Other ways to increase the sales here is to offer a delivery service, currently, no delivery service is being offered. Even the operating hours here 11 AM to 6:30 PM and closed on Sundays could be adjusted to offer breakfast and evening dinner as there are repeated requests for it.
Other tasty tidbits to know: this restaurant serves the bestest Filipino cuisine around and for the right buyer the owner is willing to share some of her most popular recipes. Very close to a naval base so there is a steady stream of customers who love, crave, and grew up with this type of food.
The monthly lease here is incredibly low and within just the first few days every month, your monthly lease is paid off. Most small businesses don't enjoy that kind of benefit. Your water and garbage are also included in this low monthly rate. The landlord is willing to give you a long-term lease.
This business is located on a high-traffic street in a big shopping plaza with tons (over 100) parking spaces available. Excellent street signage and visibility. Owners are motivated as they want to retire.
Has a captive (no competition) loyal customer base and a steady supply of new customers being shipped in per the U.S. Navy on a regular basis.
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Property Features and Assets:
The monthly lease is $1,465 per month this also covers the water and garbage costs. The current lease expires in 2024, the landlord is willing to give a long-term lease to the new owner of this restaurant. 750 square footage, 8-foot type 1 hood system fully equipped grab-and-go style restaurant. More than 100 free parking spaces are available.
Market Competition and Expansion:
No similar food competition in town or the surrounding towns. Perfect setup for making the catering or fast-food dollars. Also, an ideal setup as a commissary kitchen for food trucks. The lease is incredibly low, fully equipped kitchen so lots of money ideas are available.
Reason for Selling:
Owners want to retire.
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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