Well-established quick service restaurant available in a busy, high-visibility shopping plaza with a strong anchor tenant and complementary neighboring restaurants. Located in a rapidly growing area with consistent foot traffic and excellent accessibility. The current concept is a Filipino restaurant operating primarily as a takeout-focused model, with seating for several tables and an added retail component. The space is highly versatile and can be easily converted to accommodate a wide range of restaurant concepts or cuisines. The buildout, originally completed at a cost exceeding $120,000 over seven years ago, would require significantly more capital to replicate today, offering a tremendous value to a new owner. The kitchen is fully equipped with a hood system, grease trap, and additional storage trailer included in the sale. Ideal opportunity for an owner-operator or investor looking to step into a turnkey location with strong fundamentals and growth potential.
- Asking Price:
- $250,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $95,231
- Cash Flow:
- Under $50K
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Flexible
- Lease Rent:
- $2,299 per sq ft per annum
- Size in square feet:
- 1,200
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
There is significant room for growth, but no advertising efforts are currently in place.
- Reasons for selling:
-
Retirement
- Trading hours:
-
Thurs - Tues 10am - 6pm
- Employees:
- 0, only the owner
- Years established:
- 2019
Other Information
- Support & training:
-
2 Weeks
- Furniture / Fixtures value:
- $20,031 - included in the asking price
- Inventory / Stock value:
- $1,500 - included in the asking price
