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Restaurant For Sale - Chula Vista, California
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Profile: Well Established Franchise Restaurant – Chula Vista Area Mall.
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Ad/Listing Information
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Contact Information |
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| Seller Or Contact: |
Robert Rodriguez, Broker
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| Primary Phone: |
310-652-8353 |
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| Alternate Phone: |
None Given |
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| DRE Number: |
None Given |
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| Email Address: |
Email This Advertiser |
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| Date Started: |
11/2/09 |
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| Date Last Revised: |
11/2/09 |
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| BizBen Ad #: |
137227 |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$350,500 |
| Down Payment: |
$350,000 |
| Annual Revenue: |
$600,000 |
| Annual Adjusted Net: |
$48,000 |
| Price Range: |
$250,001 to $500,000 |
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| Franchise: |
Yes |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
No |
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Description:
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This Recently Built-Out Franchise Restaurant With The Likely Ability To Serve Beer And Wine Occupies Prime Real Estate In A Popular Chula Vista Mall. As These Difficult To Obtain Locations Are Rarely Available To The Public, This Opportunity Allows A Buyer To Own A High Traffic Food Court Location Without The Hassle And Enormous Buildout And Permit Administration Process And Expense. A New Owner May Continue To Operate Under The Existing Concept, Which Has Proven Quite Successful Within Southern California, Or Implement Their Own Concept (Upon Approval By The Landlord).
The Restaurant Is Located In A 900 Square Foot Facility That Leases For 14,600 Including Cam. The Sale Includes All Of The Furniture, Fixtures And Equipment Of The Business, As Well As The Franchise Rights, Inventory And Goodwill.
As The Business Is Located In A Mall Food Court, Competition Naturally Exists Via The Adjacent Restaurants. This Mall, However, Has Been Successful In Providing Its Vendors A Consistently Heavy Shopper And Employee Traffic Flow; It Also Provides Tenants Exclusivity Rights Preventing Direct Competition From Similar Concepts.
This Business Has Many Opportunities For Growth. The Addition Of A Beer And Wine License (Of Which The Cup Is Nearly Approved) Should Increase Traffic, Revenues, Gross Margin, And Overall Profits. A Working Owner Will Likely Result In An Improved Customer Service Offering, Increased Productivity, And Better Operating Efficiency. With The Recent, Yet Versatile Build-Out, This Location May Potentially Be Converted To An Alternate Concept At A Very Low Cost.
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
Robert Rodriguez, Broker at 310-652-8353 |
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