Absentee Anaheim Restaurant w/Refreshing Concept!

Anaheim, CA
Orange County


Asking Price: Annual Revenue:
$295,000 $460,014

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Absentee Anaheim Restaurant w/Refreshing Concept! Broker: Ryan Clark

Quick Facts

Asking Price: $295,000
Annual Revenue: $460,014
Net Profit: Not Disclosed
Cash Flow: $124,838
Total Debt: Not Disclosed
FF&E: $10,000
Real Estate: Not Disclosed
Year Established: 2014
Employees: 10
BBN Listing #: 82974929
Broker Reference #: AnaToast

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Business Overview:

This absentee operated Anaheim restaurant boasts a refreshing and highly scalable concept that sets it apart. The venue boasts a high profile location that bustles with the built-in traffic that is provided by locals, conventioneers, and tourists visiting nearby Disneyland and Knott’s Berry Farm, Angel Stadium, Honda Park and the Anaheim Convention Center.

Training: 2 Weeks at 20 hours/week.

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Property Features and Assets:

This 400 square foot outlet style location leases for $2,600 per month including common area maintenance (CAM) on a lease that expires in 2019 with one 5 year option. The facility does not have a hood, nor does the concept require one. All of the business’s furniture, fixtures, equipment and established goodwill will be included in the sale. Approximately $2,000 in inventory will be sold at cost at close.

Market Competition and Expansion:

This business is locating in a popular food-court style environment with several competing operators, all of whom cater to a mix of tourists, conventioneers and locals. As such, competition certainly exists, however, the enterprise’s revenues and profits confirm that this concept has gained a critical mass of traction with customers and proven successful as an absentee operated venue year over year. New management will likely continue with the exact name and concept that has already proven successful. The business can benefit from a full-time working owner-operator to not only save on wage expenses but also to ensure stellar customer service, the highest possible average ticket sale, and to continue to build brand loyalty while bolstering the average ticket sale. Additional growth potential remains via the expansion of the brand and concept into other outlet, kiosk, food-truck or full-service bricks and mortar style venues.

Reason for Selling:

Personal

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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