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This 5 day cafe franchise-style store located in a major office complex in a nice area of Phoenix and has operated very successfully since 2010 with revenues around the $500,000 mark with a low rent factor of 9.3%, and that includes the utilities! The rent is about $3,900 a month.
The beauty here is this store is easy to operate and perfect for a family. Last years payroll alone was $142,000 with the manager included in that amount. These stores are perfect for the wife/husband team and you only work 5 days and closed by 4 pm! What a great lifestyle!
Working owner cash flow is in the $94,000 a year range. This store is absentee operated as the owner current owns and operates another larger full service office complex restaurant. The two stores are too much to manage.
A working owner could surely increase sales as well as reduce costs.
This is a great way to break into the restaurant business without any experience.
This store was recently remodeled with great expense and it shows. It seats 20 people inside and 20 people outside and there are more than 1,500 parking spaces. The store is only open 5 days a week, closed on holidays, from 7 am - 4 pm.
There is training available as this is a license concept with menu and training available from the licensee. They serve great products and have a great track record of success.
Population | 1-mi. | 3-mi. | 5-mi |
---|---|---|---|
2014 Total Population | 37,292 | 111,202 | 338,058 |
Households | 1-mi. | 3-mi. | 5-mi |
2010 Number Of Households | 15,969 | 47,637 | 128,658 |
2010 Persons Per Household | 2.11 | 2.11 | 2.38 |
Median House Value | $194,400 | $253,732 | $234,518 |
Income Per Household | $46,233 | $47,527 | $47,026 |
Businesses | 1-mi. | 3-mi. | 5-mi |
2009 Number Of Businesses | 2,312 | 5,747 | 10,719 |
2012 Number Of Employees | 92,562 | 199,730 | 374,764 |
2012 Total Annual Payroll | $2,804,440,000 | $4,294,967,295 | $4,294,967,295 |
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