Restaurant Major Mall High Traffic Location

Business Overview:

Fully equipped restaurant ingreat high-traffic location. The owner spent about $750,000 to beautifully build out this space just 2 short years ago. So all furniture, fixtures and equipment are like new. This restaurant has a walk-in freezer and a walk-in refrigerator, and a grease trap already in place for you.

Currently has a type 2 hood, but the seller is willing and motivated to pay to have this hood converted to a type 1 hood for you, the new owner. Very spacious and open floor plan with 2,400 square footage for you to work with. Booths and table seating are in place for you.

This is all located in a major mall with an almost countless customer base wandering by this front door. This big-name mall and the many stores and shops here ensure this customer base keeps continuously flowing by your front door 7 days a week.

Lots of free parking and little to no crime are added bonuses. Lots of time left on this lease and even an option to renew.

Currently this business is a franchise dessert shop and this owner is an absentee owner and lives out of country. But even as an absentee owner living out of country the annual gross sales here for 2023 was about $670,000 and 2024 is on par with those numbers.

This location, customer base are rock solid but this business is being sold as not part of the franchise. Buyer can keep the same business concept but has to change the franchise branding. What the new owner is buying is a beautiful restaurant already setup, a 5 star location with an over the top customer flow.  Even this giveaway asking price is negotiable, seller is motivated.

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Property Features and Assets:

Current lease expires in June of 2029 but does have an option to renew. Size is 2,400 square footage, has a walk-in freezer and walk in refrigerator. Has a type 2 hood system but seller is willing to pay for this to be converted to a type 1 hood system for new owner. Grease trap is already in place.  Beautiful set up with tables and booth seating. The monthly lease with Triple Net is $21,000.

Market Competition and Expansion:

Currently this business is a franchise dessert shop and this owner is an absentee owner and lives out of country. But even as an absentee owner living out of country the annual gross sales here for 2023 was $670,000 and 2024 was on par with those numbers. Please note this location customer base are rock solid (means lots and lots of foot traffic by this front door) but this is being sold as not part of the franchise. What you the new owner is buying is a beautiful restaurant, a 5 star location and an over the top customer flow. Buyer can keep the same business concept but has to change the franchise branding.  Even this giveaway asking price is negotiable, seller is motivated.

Reason for Selling:

Additional Details:

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