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#5044
Area: Phoenix

5 Day Deli in Major Office Complex - Absentee - Nice Family Business

$300,000  
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5 Day Deli in Major Office Complex - Absentee - Nice Family Business
This Selling Restaurants Listing is Expired
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To get the name and location of this business please select the button to the left "Sign NDA."

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. 

This is a MJS Business Sales, LLC. and Arizona Limited Liability Company listing.
Broker Michael Shanley DRE License #BR035540000
Listing Status:
Available
Price:
$300,000
Location:
Phoenix
Last Year's Annual Gross:
$482,527
Last Year's Owner's Cash Flow:
$94,000
Lease Information:
Expires April 1, 2021 plus 5 Year Option
Total Monthly Rent:
$3,900.00
Liquor License:
none
Indoor Seating:
20
Outdoor Seating:
20
# of Parking Spots:
Plenty
# of Part-Time Employees:
4
Hours Open:
Mon-Fri. 7am - 4pm.
Closed Holidays
Year Established:
2010
Inside Sq. Ft.:
1200
Outside Sq. Ft.:
20 seats
Hood System Type 1:
Yes

DISCLAIMER: The User (that's you reading this) of this Website understands that MJS Business Sales, LLC. ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it in addition to seeking professional advice from an attorney as well as a CPA.  In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate (if included in the sale), its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings.  Any decision by User to purchase the Business shall be based solely on User's own investigation and the User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User and User should often review the listing on the website to keep up to date.


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