This independent business has everything in place for new owners to thrive with minimal involvement. Enjoying a prime location at Albuquerque’s most popular mall, the business takes advantage of its heavily foot-trafficked location to reach impulse shoppers. Specializing in fresh fruit drinks and other fun, festival-styled fair, the food concept is unique, popular and proven. Seasonal changes keep the menu fresh, and recent upgrades to the signage and kiosk catch the eyes of passers-by.
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With solid profit margins, minimal advertising and no franchise fees, the business has enjoyed substantial growth. The operation has been optimized for minimal owner involvement. The seller spends about an hour a day on-site, and from time to time, can monitor the venue remotely from a laptop. Most of the scheduling, bookkeeping, and ordering is routine and can be handled from home. All the recipes and procedures are well documented for a smooth hand-off to new owners.
Financial Information
$390,000
Asking Price
$193,680
Cash Flow
$409,950
Gross Revenue
$60,000
Down Payment
Business Location
City:
Albuquerque
State:New Mexico
Reason for Sale
Seller has other professional obligations.
Detailed information
Year Established:2018
Home Based:No
Franchise:No
Relocatable:No
Lender Prequalified:No
SBA Prequalified:No
Part-Time Employees:5
Contractors:N/A
Owner Worked Hours/w:5
Inventory Included: Yes
Inventory Value:
$6,000
Monthly Rent:
$3,724
Real Estate Available: No
Real Estate Included: No
Real Estate Value:
$0
Building Size: 1490
FF&E Included?: Yes
FF&E Value: $80,000
Training/Support
To be negotiated.
Facilities
The eye-catching completely equipped grab-and-go food kiosk takes full advantage of its 140 square feet and four-sided visibility without feeling cramped.
Market Outlook/Competition
The mall features a number of other fast-food outlets, but this independent brand has held its own and developed a loyal following. From healthy to indulgent offerings, it has broad appeal.
Real State Description
The eye-catching completely equipped grab-and-go food kiosk takes full advantage of its 140 square feet and four-sided visibility without feeling cramped.