Fast Casual Restaurant & Catering Business

Location: Arizona, United States
Category: Food and Beverage
Type: Established

Financials

Asking Price: $253,000
Cash flow: $63,000
Revenue: Not Disclosed
Gross Income: $444,000
Inventory: $2,000 - Not included in the Asking Price
FF&E $80,000 - Included in the Asking Price
Real Estate: Not Disclosed

Business Details

Well established fast casual concept with highly successful catering business. Sales have doubled since moving into beautiful, brand-new facility with great visibility in a busy North Scottsdale power center. Excellent new state-of-the-art equipment & fixtures, beautiful build-out. Restaurant seats 25 with additional seating for 15 on patio. Fast casual operation is open 7 days per week, Monday - Saturday 11 AM to 9 PM, Sunday 11 AM to 7 PM. The catering operation is open 5 days per week, Monday - Friday from 5 AM to Noon. The catering business has approximately 100 excellent accounts ordering on a regular basis. Revenue stream receives 50% from each operation. Excellent books and records. CALL NOW for more information on this wonderful opportunity.

The 1,900 sf facility is located in a grocery-anchored power center on a busy North Scottsdale corner. Rent is currently $5,238 complete. The lease runs through March 2011 with a three-year option to renew. Excellent parking.

Seller prefers cash transaction but will consider financing for qualified buyer

The Seller will provide two weeks of training and familiarization to the Buyer at no cost.

General Information

Reason Selling: Seller is making a career change.

Number of Employees: 10
Year Established: 2004