Pasadena Quick Service Restaurant For Sale

Property Information

Real Estate:

Lease

Leasehold Rent:

$3,500 per annum

Premises Details:

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.

Size in square feet:

500

Business Operation

Expansion Potential:

Significant potential remains in this Pasadena based venue. New operators may want to launch an aggressive advertising campaign, build catering and other partnerships with local businesses, and perhaps establish an in-house delivery network as the menu and food preparation have already proven to be a hit.

Competition / Market:

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.

Reasons for selling:

Retirement

Employees:

2

Years established:

2017

Other Information

Support & training:

Seller will train for 2 weeks for 20 hours or as negotiated.

Furniture / Fixtures value:

$75,000

Inventory / Stock value:

$4,000 - included in the asking price