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Listed by:

Coldwell Banker Bain

Established Fast Food Restaurant With Low For Sale

Tacoma Area, Washington, US
Asking Price:
$79,000 Furniture / Fixtures included
Sales Revenue:
$132,000
Cash Flow:
Under $50K

Fast food restaurant located on a high-traffic street in a big shopping plaza. With a very low monthly lease. This is all good stuff, besides the typical burger and fries, this restaurant offers many healthy food choices to choose from such as bubble tea, smoothies, gelato, energy drinks, paninis, and more. This menu offers delicious fast food choices to customers and all tastes.

This is a franchise so all the training and support are in place for you. This is a very simple business and food concept, easy to learn, train and transition into. A loyal customer base already started for you as this business is more than a year old.

Currently, this is operated by an absentee owner and this business does lend itself really well to absentee or semi-absentee ownership. But with an owner-operator in place on a daily basis here the sales here would see a significant increase.

The monthly lease here is also very low as it is ONLY $2,500 per month and the water and garbage costs are covered in this low monthly lease. So within just a few days every month, most of your fixed costs are covered for the month and you are into the profits that much sooner.

Some more sweet things to know about this business is the current lease does not expire until 2024 and it has a 5-year option to extend. Size is about 1000 square feet and seating capacity is about 25-30. There is lots of extra storage space, free parking in this big shopping plaza parking lot. Located on a busy street with many solid anchor businesses all around.

There is no type 1 hood system but there is a system set up to cook hamburgers and fries without the type 1 hood. All equipment is owned and included in the purchase price. The owner has multiple locations and if this business is to your liking it is possible for you to buy more than one fast food shop.

Seller wants to move out of state so his motivation to make a good deal for you is real. If you are looking for a fast-food business to buy in a high traffic location with a low monthly lease then this may be a perfect fit for you. Give us a call!!

Property Information

Real Estate:

Lease

Lease Terms:

Expires in 2024 and 5yrs option

Leasehold Rent:

$30,000 per annum

Location:

located on a high-traffic street in a big shopping plaza.

Premises Details:

The monthly lease is $2,500 and that is with the Triple Net included. The lease expires in 2024 and has a 5-year option to renew. Space is about 1000 square feet and seats about 25-30 people. Lots of extra storage space. There is no type 1 hood system but there is a system set up to cook hamburgers and fries without the type 1 hood. All equipment is owned and included in the purchase price. Signage and visibility are very good from the street. Lots of free parking in a shared parking lot.

Size in square feet:
1,000

Business Operation

Expansion Potential:

It should be noted that the beauty of a fast-food business is it is a mainstay in our society that has been and will continue to be. It is an easy concept and does not require you to being a master trained chef. As a matter of fact, the transition for you, your employees, and managers is quite simple and streamlined. Has good profit margins and even during this COVID-19 pandemic the fast-food industry as a whole is some of the least affected. People will always be looking to buy a quick tasty meal or snack, and that’s timeless. The menu offers both fast food and fast food healthy choices so all the food groups are covered. Another way to expand is to buy more than one location, let’s talk.

Competition / Market:

No similar competition is anywhere close by

Reasons for selling:

The seller wants to move out of state.

Trading hours:

7days 11am to 7:30 pm

Employees:
1ft 2pt
Years established:
2020

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

2 weeks training offered but it is negotiable

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

at least 80% down it is strictly case by case basis

Furniture / Fixtures value:
$5,000 - included in the asking price

Contact Coldwell Banker Bain

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