Asian Fusion Quick Service Restaurant

Mission Viejo, CA
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Asking Price:$179,000
Inventory:$3,000
EBITDA:$84,000
Gross Revenue:$397,000
Rent:$6,500
Established Year:2003
BUSINESS DESCRIPTION

With over 21 years of goodwill with a proven model of success without paying royalty fees, this business is perfect for a beginner restaurateur that can become their own boss with immediate cash flow. This business is also perfect for anyone looking for an E-2 visa. As this restaurant has been showing success and profits over the years, this business can be a low-risk way to obtain an E-2 visa without much scrutiny.
EQUIPMENT:
Freezers, fridges, prep tables, salad tables, cold tables, Ice maker, Dishwasher machine, burners, stove, fryer, Type 1 hood, tables and chairs. All good condition and owned.

1030 SF facility with capacity of 30 inside and 12 outside. 4.5 years left on the current lease with 1- option of 5 years. Monthly base rent of $4985 and CAM of $1229 for total rent of $6,214. Located in a busy shopping center on a major thoroughfare. In-line store but located near the entrance of the plaza. Mainly suburban town center with a decent mix of offices and commercial within vicinity.
Amazon, Target and a business center nearby. 1 mile away from major 5 freeway off major exit.
CURRENT MANAGEMENT & LABOR:
Operated as only management. Owner does not work the store and mainly over sees HR, Payroll. Well trained staff with a proven training manual that will be passed on to the new owner. Training will set the new owner for smooth transition.
MARKETING OPPORTUNITIES:
Any and all marketing opportunity exists as the current owner has not really marketed. Yelp, google, 3rd party platforms.


PRO FORMA FINANCIAL SUMMARY:

Net Sales: $397k
Rent: $78k (20%)
COG: $122k (31%)
Payroll: $78k (20%)
Utilities: $15k (4%)
Misc: $15k (4%)
SDE $84k (21%)


DETAILED INFORMATION
Location
Mission Viejo, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,030
Lease Expiration
01/03/2029
Employees
6
Reason for Selling
Moving out of the area
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