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#5603
Tempe Restaurants For Sale
Phoenix Restaurants For Sale

High Traffic Mall - Asian Food Court Quick Serve w/Full Kitchen

$75,000
High Traffic Mall - Asian Food Court Quick Serve w/Full Kitchen
This Listing is Expired

This Franchise Asian restaurant space produced in excess of $2.5 million annually but the demographics have changed over the past few years and now requires a lower priced menu concept that fits with the demographics of the area. 

This restaurant is literally located in the prime location in the food court - dead center - and is visible from all areas. It has a full kitchen with hood system and a spectacular professional build-out second to none. 

There are 879 Sq. Ft. the NNN Asking Rent is $25,000 per month. The landlord will provide a 5 year lease with a 5 year option. 

The $150,000 Key Money purchase price includes all the improvements and equipment.

CONCEPTS THAT WILL WORK: Mediterranean, Pitas, Indian, Hot Dogs, Sweets, Chinese, Japanese, Subway. 

Only well qualified individuals or businesses with a proven track record will be considered.

 

This is a Paramount Restaurant Brokers, Inc. DBA SellingRestaurants.com listing.
Broker Mel Jones DRE License #CA00893362 and AZ BR634507000

Lease

Region:
Tempe Restaurants For Sale
Phoenix Restaurants For Sale
Lease Term:
5 Years plus 5 Year Option
Total Monthly Rent:
$25,000
Security Deposit:
$25,000

Operations

Year Established:
2014
Hood System Type 1:
Yes

Facilities

# of Parking Spots:
Major Mall Parking
Inside Sq. Ft.:
879

Highlights

  • Dead Center Location in Food Court
  • Major Mall Food Court
  • Full Kitchen
  • Professional Build-Out
  • Could be a Multi-Million Location
  • Needs Concept Change to Demographics
  • 5 + 5 Year Lease

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 50,858 150,899 237,999
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 21,121 61,157 95,167
2010 Persons Per Household 2.29 2.30 2.32
Median House Value $171,500 $173,855 $181,365
Income Per Household $50,455 $44,037 $48,942
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,979 5,333 7,768
2012 Number Of Employees 89,932 249,280 356,820
2012 Total Annual Payroll $1,953,703,000 $4,294,967,295 $4,294,967,295

click for more demographic info

Disclaimer

Notice: The User (that's you reading this) of this Website understands that Paramount Restaurant Brokers, Inc. ("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.

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