Asset Sale Description
This is a 1,500 sq.ft. restaurant opportunity located in the heart of a high-traffic major shopping mall.
The current layout includes a total seating capacity of 36. With two restrooms in place, the space is eligible for an ABC alcohol license application.
The lease terms are $4,326+$1,207(CAM), with an annual increase of 3%. The landlord offers a 5-year lease term and has historically renewed the lease upon expiration, although no formal option is provided. A security deposit equivalent to two months' rent is required.
The current owner is selling the business in preparation for retirement and is offering the space and equipment only—no financial records or training will be provided. The ideal buyer is someone looking to launch their own concept and open as a brand-new restaurant.
This location was successfully operated as a restaurant even prior to the current owner, and with strong foot traffic and a prime mall location, it offers significant growth potential for the right operator.
The current layout includes a total seating capacity of 36. With two restrooms in place, the space is eligible for an ABC alcohol license application.
The lease terms are $4,326+$1,207(CAM), with an annual increase of 3%. The landlord offers a 5-year lease term and has historically renewed the lease upon expiration, although no formal option is provided. A security deposit equivalent to two months' rent is required.
The current owner is selling the business in preparation for retirement and is offering the space and equipment only—no financial records or training will be provided. The ideal buyer is someone looking to launch their own concept and open as a brand-new restaurant.
This location was successfully operated as a restaurant even prior to the current owner, and with strong foot traffic and a prime mall location, it offers significant growth potential for the right operator.
About the Sale
- Seller Motivation
- Retired
Listing Info
- ID
- 2365940
- Listing Views
- 870
Listing ID: 2365940 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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