Profile: Restaurant Located Right Next To The University Of California At Berkeley Campus
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Ad/Listing Information
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| Financial Information |
Detailed Information |
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| Asking Price: |
$298,000 |
| Down Payment: |
$298,000 |
| Annual Revenue: |
$300,000 |
| Annual Adjusted Net: |
$100,000 |
| Price Range: |
$250,001 to $500,000 |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Yes |
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Description:
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Highly Motivated Owners Want To Sell This Extremely Busy Fast Food And Drink To Go Restaurant Located Right Next To The University Of California At Berkeley Campus At The Sather Gate Entrance. The Location Automatically Provides Heavy Pedestrian Traffic As Customers Pass By Going To And From The Campus. The Restaurant Is One Of Twelve Stores Located In A Food Court That Offers A Wide Variety Of Food And Insures Repeat Customers.
This Business Is Part Of The Popular "Quickly" Chain Which Is One Of The Biggest Tapioca And Milk Tea Franchises In The World. In Addition To The Popular Drink Menu, The Owners Have The Opportunity To Add And Adjust Their Own Food Menu Based Upon Popular Demand.
Owners Estimate The Monthly Gross Income At 25,000 And Net Income At 11,000 After Expenses. This Information Is Based Upon Seller's Information; Not From A Tax Return And Not Verified By The Listing Broker. Owners Have A Lease Not Expiring Until 2013, With Monthly Rent Of 2480 And A Very Small Percentage Of Common Area Expenses Due To The Small Size Of The Physical Shop.
In Addition To The Low Expenses, The Secret To The Success Of This Business Is Its Prime Location And Year Round High Volume Of Pedestrian Traffic Associated With The Berkeley Campus. The Business Operates 7 Days A Week, Year Round, From 12pm To 12am, And Staffed By 5-8 Part Time Employees.
Owners Are Motivated To Sell Because They Have Moved Away And Wish To Explore New Business Opportunities Closer To Their Home.
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Business For Sale Photos
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