National Asian Style Casual Fast Food Franchise
Location:
United States
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California
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Southern California - Los Angeles Area
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Los Angeles
Industry: Food and Beverage > Other Food and Beverage
Business Summary
Existing business priced 25% lower than opening a brand new franchise!
With A Grand Opening In November, This National Asian Style Casual-Fast Food National Franchise Provides A Perfect Opportunity To Break Into This Hot Restaurant Segment. In Just 4 Short Months, This 2,100 Sq. Ft. Location In Riverside Co., Is At Break-Even. The Restaurant Is Well Known In The Community, And Is Located On The Corner Of A Very Busy Street With Easy Access And Near A Busy Strip Mall. With Several Franchised Locations In Southern California, This Company's Keys To Success Is Using The Freshest & Highest Quality Ingredients, Giving An Extensive Menu At A Fraction Of The Cost, And Creating A Comfortable/Casual Dining Experience. Sales For November Started Out At 30,000 And Have Averaged 37,000 In Dec, Jan And Feb.
Current Rent Is 9,400/Month Including Cam And Ten Year Lease Expires On Nov 2018 With (2) Five Year Options (Total Of 20 Years). Open 7 Days A Week, This Location Employs 11 Part Time Employees, 5 In The Kitchen & Cleanup And 5 Cashiers. Franchise Transfer Fee Is 10,000. Franchise And Seller Training.
Listing Price Is 400,000 Including Equipment, Inventory & Furnishings. Financing Of 250,000 Available To Qualified Buyer.
Principles Only Please. Email bill@kmkbusinessbrokers.com or call Broker for more information 310-766-4303.
Financials
Asking Price Range: $250K - $500K
Gross Revenues:
Seller Will Provide
Cash Flow:
Seller Will Provide
Cash Flow Type: Sellers Discretionary Cash
Inventory: included in asking
Seller Financing: Not Disclosed
About The Business
Year Established: 2008
Number of Employees: 10 - 19
Relocatable: Not Disclosed
Franchise: Yes
Current Real Estate: Leased
Property: Property For Not Applicable
Click on the "I'm Interested" button above for more information on this Food and Beverage > Other Food and Beverage business for sale.
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Print Listing Id: 700102895
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