Business is booming! Sales are up over last year averageing over 60k per month in 2011! This is a wonderful restaurant business with plenty of volume to justify the price. Check it out! It has a drive thru that's been filling the bellies of its patrons at the same location for 18 years and this is one of those rare sales that doesn't come around often.
The current owner states that it has been profitable from the day she bought it. And to back up her statement, she's willing to finance a portion of the purchase price for the right buyer.
This restaurant is a long established local favorite with tremendous staying power. They have absolutely cornered the market on convenient and healthy Mediterranean style food. This restaurant is hugely popular as evidenced by the sales that have been at or near 600k for the last six years running. In fact, they have had sales increases in five of the last six years.
Sales in 2010 were 628k vs. 600k in 2009. Now that is impressive given the decline of the economy.
Owner states net annual income of 90k without any owner participation in operations. Imagine if you rolled up your sleeves and got to work. Get in there and reduce labor and other variable expenses by being a hands on operator.
Expand the hours, serve breakfast, do some local marketing, add delivery or catering sales, there are big opportunities available to better an already good thing.
We don't verify stated sales or income figures but the owner will be happy to go over the books with you, which we strongly encourage you to do.
This stand-alone restaurant with an easy path drive thru is located on one of the highest traffic count streets in Fallbrook. A giant pole sign only adds to this locations already great visibility.
The space is approximately 2200 square feet with another 250 square feet of fenced patio area. The rent which includes NNN is $5,398 per month that's about 10% of gross sales reported. Current lease term expires in July of 2012 with two five year options available.
Don’t miss out this great opportunity.
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