Your #1 Place to Buy, Sell or
Lease a Restaurant, Bar or Club!
« Return to Listings # of Views: 6123    
Email:
Password:


Listing #3280Major East Valley Mall Food Court Location For Sale at a Low Price! Price: $34,900











Printable Page
Add to Favorites

Have you been looking to get into a Mall food court? Well here is a rare opportunity to do so.

THE BUSINESS: This great burger and sandwich shop has been a fixture in this major East Valley Mall since 1992. This is a prime location directly at the entrance to the Food Court and the mall stores. The mainstays on the menu include great burgers, hand dipped shakes, crisp fries and more. This is the only burger place in the food court.

This is an asset sale and at this price please don't ask for financials for other than and understanding of the restaurant's operating cost history.

THE LEASE/LOCATION: The rent is fixed at 10% of sales which include all the CAM charges. Did we mention the hundreds of seats available in the food court area too. There are thousands of daily visitors to the mall and hundreds of mall store employees to draw from.

DEMOGRAPHICS 3 mile area:
2009 Total Daytime Population 366,905
2009 Total Daytime Work Population 189,347
2009 Total Population 410,629
2009 Median Household Income $53,392
2009 Restaurant Expenditures $644,135,232

THE STORE: Everything you need to operate your new store is in place. This store is fully equipped and ready to go.

REASON FOR SELLING: The owner just went through a divorce and needs to earn more income as a result.


Revenues have been steadily increasing for this business.

The owner is anxious to make a great deal and has priced it to sell. The last business to sell in the Food Court went for thousands more and did not have twenty years of history or loyal customers.
Come and have a great burger and shake and take a look at this great opportunity.

Please don't disturb the owner.

A Paramount Restaurant Brokers, Inc. Listing. 





General Information Highlights
Listing Status: Sold
Price: $34,900
Location: AZ Tempe ~ Chandler ~ Gilbert ~ Mesa
Last Year's Annual Gross: $253,000
Last Year's Adjusted Net: $30,000
Lease Information: expires 8/31/2013
# of Part-Time Employees: 6
# of Full-Time Employees: 1
Hours Open: M-Sat 10-9 Sun 11-6
Year Established: 1992
Inside Sq. Ft.: 680
Hood System: Yes
General Information Highlights
  • Prime Food Court Location in Major East Valley Mall
  • Twenty Years Under the same Ownership
  • Turn Key and Ready to Go
  • Excellent Location at the Entry to the Food Court
  • Only Burger Store in the Mall
  • Highly Motivated Seller
  • AMAZING LEASE! Rent is 10% of Gross Sales no minimum!!!
  • Profit Advertised is 7 Months Results Through Jan. 2011
 
Other Listings In The Area
  • Mutli-Unit Subway Franchises Available - Up To 5 Units

    Location:




  • Rent Reduced! Nearly Finish Main Entrance to Mall Location - Full Service w/Bar

    Location:

    Lease: New Lease - Call for Terms

    Sq. Ft. 6,555




  • Profitable Mom & Pop Pizza Shop Available - Phoenix East Valley

    Location:

    Lease: Sep. 2015

    Monthly Rent: $2,200

    Annual Revenue: $466,114

    Annual Profit: $106,991

    Sq. Ft. 1,200

    Price: $235,000






Search Our Listings:

 Check Box To See Regions
Arizona Restaurant for Sale
California Restaurant for Sale
Nevada Restaurant for Sale
New York Restaurant for Sale
Washington Restaurant for Sale

     

CLICK HERE FOR ADVANCED SEARCH OPTIONS

 

The information contained in this offering profile was provided by the Seller and is believed to be accurate. SellingRestaurants has not verified the information and therefore makes no representations or warrantees as to its accuracy or completeness. This profile is subject to the Confidentiality Agreement and Disclaimer as agreed to and acknowledge by the Buyer. Please note: (1) Sq. ft. is estimated (2) Adj. Net represents the last year's owner's cash flow (3) Annual Payroll is last year's and does not include any owner wages.

 



Buy a Restaurant | How To Buy a Restaurant | Restaurants For Sale/Lease Classifieds | Sell a Restaurant | Restaurant Broker
© 2012 Powered by BBMT Inc. Web Site Architecture by The Web Corner