Neighborhood Favorite - 2019 Revenue up 15%+ (Despite Snowmageddon)
This business is a thriving, iconic fast casual restaurant. Locally owned and operated for multiple decades, the business has a reputation for providing quality product with superior customer service.
Consistent with the owners’ vision, the restaurant uses quality ingredients, and maintains a strong commitment to a “made from scratch” philosophy. The resulting impressive lineup of culinary creations is complemented by a selection of alcoholic and non alcoholic beverages. The business has established a streamlined set of processes and procedures to ensure consistency in the quality of the product and overall customer experience. The concept is ripe for expansion to a second metropolitan area location.
The restaurant is open seven days a week for lunch and dinner. The business operates out of 1750 square feet of space, take out and dine-in options are offered with a seating capacity of approximately 50 guests. Present occupancy costs include $4310 in monthly base rent and an estimated $980 in NNN charges. The business is in the third year of a five-year term with an option to renew for an additional five-year term through 2027. A seasoned staff is in place to oversee the success of day to day operations. Ownership fills predominantly executive and administrative roles and is presently contributing approximately one full time equivalent to the labor of the business.
Included in asking price
The seller will provide an appropriate amount of transition training/consulting to smoothly transfer ownership of the business
Properties with the CBA logo are listed by the Commercial Brokers Association. Information is based on data available to the associate, including county records. The information has not been verified by the associate and should be verified by the buyer.