Retail - Restaurants | Retail - Other Food Stores

Asking Price	$150,000	Inventory	$6,000*
Gross Income	$360,000	Real Estate
Cash Flow	Not Disclosed	Year Established	2008
FF&E	$90,000*	Employees	5

* included in the asking price

** not included in the asking price

This restaurant offers a highly visible Milpas Street location, on a busy corner lot across from the popular Scolari's Food & Drug. An oversized parking area wraps around the existing building, facilitating a large number of "destination" patrons, for either sit-down or grab-and-go service. Any concept would work here, however, with a recent remodel that would benefit any menu. New plumbing, electrical, and cosmetic improvements were completed less than a year ago, totaling over $250,000 - ideal for any new owner looking for a long term lease, with minimal startup costs.

Attachments: Download additional information (PDF)

Facilities: Surrounded by commercial offices and retail stores, this business is situated on a prime corner lot, in a high-traffic area on Milpas Street. An enclosed outdoor patio and ample customer parking are included. The long term lease is assignable to qualified buyers.

Competition: The owner reports a steady lunch business, since re-opening in March of this year. Although several chain restaurants operate in the area, this location thrives on local business patrons for a reasonably-priced, quick bite during the lunch hour.

Financing: Seller would prefer all cash transaction.

Support/Training: Seller will provide up to 30 days or 40 hours of training on product ordering, recipes and the nuances of this location to contracted Buyers, should they wish to continue with the current concept. Employees are fully trained and capable of fulfilling all food preparation, and customer service.

Reason Selling: Focusing on other local businesses.