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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 |
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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