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  • RE:  Pasadena Quick Service Restaurant
  • Contact:  Vladimir Tuchinsky

Quick Facts

Asking Price: $200,000
Annual Revenue: $205,000
Net Profit: $92,000
Cash Flow: $92,000
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: 2017
Employees: 2
BBN Listing #: 937086
Broker Reference #: PASMED

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Business Overview:

The Pasadena quick service with a versatile layout in a prime location provides Mediterranean cuisine to its diverse customer base.  The venue boasts a stellar corner location with excellent street visibility, provides great customer service, and maintains a pristine level of cleanliness. This family-owned and operated quick service venue provides it patrons a warm comfortable atmosphere to enjoy regional favorites.

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Property Features and Assets:

The 500 square foot venue leases for $3,500 per month on a lease until 2026 with one 6-month option.  All applicable furniture, fixtures, equipment, goodwill, intangible assets as well as an estimated $4,000 in inventory will be included in the sale.  Specific kitchen assets include a 2 door freezer, 2 door refrigerator, griddle, barbeque grill, panini toaster, preparation table, 3 buck dishwashing sink and a drink refrigerator.

Market Competition and Expansion:

While the greater Pasadena area hosts a variety of restaurants catering to a similar client base, few have the type of comprehensive offering that this venue possesses.  As a result of their ultra-convenient location with excellent freeway access, the variety of offerings they provide great customer service and wide-range of exceptional menu items that have contributed to a loyal recurring customer base.

Reason for Selling:

Retirement

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

Documents:

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