Cerritos Fast Food Restaurant
Location:
United States
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California
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Southern California - All Southern California
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Cerritos
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)
Business Summary
This Cerritos fast food restaurant for sale is located in a Flagship A+ location with high foot traffic , great visibility, and complementary high traffic anchor tenants and neighbors. As such, this opportunity is ideal for the entrepreneur who seeks to expand, test, or otherwise showcase their concept in a location that will get it maximum exposure amongst national brands. While the concept is not included in the sale, the ideal location has brought the current owners a great deal of success in testing out and refining their innovative concept, which has allowed them to expand into additional locations. The restaurant is on a major street and has tremendous freeway access.
Asking Price $59,000.
This 950 square foot facility leases for $3,700 per month plus $700 in common area maintenance expenses on a lease nearing termination, but with one 7 year option available. The sale comes with fully equipped kitchen, and seating for up to 30 on the interior, as well as on the lovely patio. The facility has a customer's rest room, and boasts signage on both sides of the structure allowing the business to achieve maximum visibility. It also has plenty of parking.
This restaurant is situated in an ideal location to get in front of the dining public, and to go head to head with competing national brands. As such, it holds a unique niche when compared to its competition.
As the current concept is not included in the sale, new owners will seek to introduce a new and innovative concept to this stellar location. As has occurred with the current owner, this would be an ideal place from which to launch a regional brand. Fast food concepts that may work well here include Middle Eastern, Greek, Thai, or perhaps Brazilian or Korean BBQ. The location may also be ideal for a pizza, Indian cafe, Filipino or seafood concept.
Financials
Asking Price Range: < $250K
Gross Revenues:
Seller Will Provide
Cash Flow:
Seller Will Provide
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: No
About The Business
Year Established: 2006
Number of Employees: 4 - 5
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Sale
About The Sale
Management Training and Support: 2 weeks at 20 hours / week.
Reason For Selling: Personal.
Click on the "I'm Interested" button above for more information on this Food and Beverage > Restaurants and Fast Food (Non-Franchise) business for sale.
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Print Listing Id: 700111185
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