This restaurant is corporate operated and is in need of an owner operator to increase the sales volume and reduce the costs. There are over 300 stores of this brand in operation worldwide, primarily in the United States. This mall location is perfect for a family with great hours and holidays off! The franchise will provide training.
The lease expires June 30, 2010. The $50,000 price assumes the Buyer allows the lease to expire and converts the restaurant to another concept. In the event the buyer either obtains a new lease before purchasing this restaurant or extends the lease before June 30, 2010, the purchase price for the restaurant shall be adjusted upward. In other word, the listed price reflects the short lease and if the lease is extended, one can expect the price to increase.
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This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409
Lease
Region:
Orlando Restaurants For Sale
Lease Term:
Expires June 30, 2010
Total Monthly Rent:
$7,083
Financials
Last Year's Annual Gross:
$622,630
Highlights
- National Chinese Franchise
- Annual gross $622,000
- 100% absentee operated. Corporate Owned Store.
- Plenty of upside in terms of costs and service
- Two Tier Price based on whether a new lease is obtained
- Mall Location with captive audience
- Franchise will train
Financing
Will Seller Lend To Buyer:
No
Demographics
Population |
5-mi |
2014 Total Population |
0 |
Households |
5-mi |
2010 Number Of Households |
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2010 Persons Per Household |
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Median House Value |
$0 |
Income Per Household |
$0 |
Businesses |
5-mi |
2009 Number Of Businesses |
0 |
2012 Number Of Employees |
0 |
2012 Total Annual Payroll |
$0 |
click for more demographic info
Disclaimer
Notice: The User (that's you reading this) of this Website understands that STONE PATH BROKERAGE SERVICES CORPORATION ("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 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, 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. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of 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. DRE License # 01339409.