Waba Grill Teriyaki Franchise Restaurant
Business Description
This Waba Grill Teriyaki Franchise Restaurant offers a stable revenue structure and has been in operation for over 10 years at this location, attracting many regular customers and ensuring steady sales.
*Store size: 1,800 sf / 36 seats
*Business hours: Mon–Fri 10am~8pm, Sat–Sun 11am~7pm
*Rent & CAM: $5,600 + $1,400 (Flat rate)
*Lease: 4 years + 5-year option / Deposit: 2 months’ rent
*Employees: 3 Full-time, 2 Part-time (all with over 3 years of experience; capable of handling Cook, Cashier, and Meal Preparation. Ingredients are ordered directly by the manager)
*Current owner: Operating since November 2014 / Reason for sale: Returning to Korea
*Gross Sale: $59,000 per month
*Net Income: $6,150 per month
Highlights & Advantages
*Operates smoothly even without owner involvement
*Established customer base ensures stable revenue
*New owner can easily increase net income with minimal participation
*Since the current owner does not work at all, overtime expenses of $1,320/month are incurred. By personally handling ingredient orders, about 2% in costs can be reduced. Overall, direct owner involvement could save approximately $2,500/month
*Perfect opportunity for buyers seeking Passive income while keeping their First job
*With monthly sales of $59,000 and an asking price of $200,000, this is a very reasonable deal
Please note: SBA loan and Owner financing are not available.
*Store size: 1,800 sf / 36 seats
*Business hours: Mon–Fri 10am~8pm, Sat–Sun 11am~7pm
*Rent & CAM: $5,600 + $1,400 (Flat rate)
*Lease: 4 years + 5-year option / Deposit: 2 months’ rent
*Employees: 3 Full-time, 2 Part-time (all with over 3 years of experience; capable of handling Cook, Cashier, and Meal Preparation. Ingredients are ordered directly by the manager)
*Current owner: Operating since November 2014 / Reason for sale: Returning to Korea
*Gross Sale: $59,000 per month
*Net Income: $6,150 per month
Highlights & Advantages
*Operates smoothly even without owner involvement
*Established customer base ensures stable revenue
*New owner can easily increase net income with minimal participation
*Since the current owner does not work at all, overtime expenses of $1,320/month are incurred. By personally handling ingredient orders, about 2% in costs can be reduced. Overall, direct owner involvement could save approximately $2,500/month
*Perfect opportunity for buyers seeking Passive income while keeping their First job
*With monthly sales of $59,000 and an asking price of $200,000, this is a very reasonable deal
Please note: SBA loan and Owner financing are not available.
About the Business
- Years in Operation
- 11
- Franchise
- This business is an established Waba Grill franchise
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,800
- Rent
- Not Disclosed
About the Sale
- Seller Motivation
- Returning to Korea
Listing Info
- ID
- 2404770
- Listing Views
- 185
Listing ID: 2404770 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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