This is an opportunity to franchise quick serve Asian concept and to build out/remodeled a location on the China Lake Naval Weapons Division Base.
To be clear, you are not buying a going concern, this is a franchise opportunity for a proven concept with a space already negotiated for you and available to be built out at a estimated cost between $100k-$150k.
The concept is a national franchise; with a exclusive and growing customer base, great food, and lots of potential upside if worked by an owner/operator.
This restaurant is located about 110 miles from Bakersfield, 225 miles from Las Vegas, 150 from LA, 220 from San Diego, and about 430 miles from San Francisco � basically in the middle of no where.
The population your restaurant will serve is approximately 32,000 made up of about 5,700 military, contractors, and about 26,000 civilians from the neighboring town of Ridgecrest, which has community access to the base. Your customers at China Lake WD are comprised of scientists and engineers, physicists, and mathematicians who work on complex issues vital to national defense. The workforce ranges from anthropologists to zoologists, from carpenters to metallurgists, from office managers to pilots. They come from diverse educational, cultural, and ethnic backgrounds. A truly captive audience � yours to keep if you treat them right, and provide a quality product and a good price point.
The concept started in 1982 with 35 locations opened across the country, with more than 60 exciting food creations to cover a wide range of tastes. The scientifically formulated �dry concentrated spice blends� is this concepts version of the colonel�s secret recipe at KFC.
Once again, this location has NOT been built out yet, the estimated cost to build is between $100k-$150k depending upon your design and involvement. Estimate construction time is 6-9 weeks after receiving permits. While there is no operating history for this specific location, you can look to other bases where this franchise operates and can estimate sales to be $35k - $40k per month or $420k - $480k annually. Here is the most attractive aspect of this deal, you pay 3% of sales for rent, plus utility costs. Did you get that now? A newly remodeled building, approximately 3500 sq. feet for ONLY 3% of your sales! This means, if you did $40k is sales this month; your rent is only $1200! I know you could figure it out, but I just had to say it ;-) Run the numbers to see how you can make money!
The royalty paid to the franchisor is 6% of sales, the lease contract runs parallel with the awarded contract from the Navy; 10 years. Take advantage of the neighboring town as well, Ridgecrest, extend your brand and open a second unit there to enhance sales!
Take the next step and complete the online confidentiality agreement and you�ll be provided with more detailed information on the opportunity. Also you will given priority notification to new listings in the future, prior to the general public, giving you the best chance to �scoop in� the best opportunities.
This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409
Lease
Region:
San Bernardino Restaurants For Sale
Lease Term:
10 year contract
Operations
# of Full-Time Employees:
2
# of Part-Time Employees:
3
Hours Open:
11 - 12 midnight
Highlights
- Quick Serve Asian, brand new build out for $150k
- Located on China Lake Naval Weapons Division Base
- This is not a going concern at this time, remodel cost est. $100k-$150k
- The population is approximately 32,000
- Estimated sales to be $35k - $40k per month or $420k - $480k annually
- 3500 sq. feet with drive-thru
- Rent is ONLY 3% of your sales, includes all the NNN cost
- Utilities paid seperately by tenant
- Royalty paid to franchisor is 6% of sales, plus1% for marketing
- Term of deal; 10 years
- Option to purchase second location in neighboring town
Financing
Will Seller Lend To Buyer:
No
Demographics
Population |
5-mi |
2014 Total Population |
0 |
Households |
5-mi |
2010 Number Of Households |
0 |
2010 Persons Per Household |
|
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.