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Home » Businesses For Sale » Restaurants » West Covina » Listing BFS-174283

West Covina Fast Food in Busy Shopping Ctr

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Location

  • City West Covina
  • State California
  • CountryUnited States

Not Relocatable

Financials

  • Asking Price
  • Sales
  • Profits
  • Profit Type
  • Fiscal Year

Deal Terms

  • Business Is A Franchise?
  • Finders Fee Payable by Buyer?
  • Seller Financing Available?
  • Principals Only?
  • Management Will Stay?
  • Willing To Co-Broker?

At the epicenter of the Southern California Asian community stands this delightful Quick Service Bistro which serves all of the traditional Filipino cuisine, but could be converted to any concept (especially Japanese). Located in a large shopping center anchored by highly popular complementary tenants as well as high foot traffic neighbors, this family run business has been a stable earner for years and is set to be a fantastic turn-key opportunity for the right buyer. The business is ideal for the experienced restaurateur or the industry entrant that seeks a high traffic, easy to manage location.

This 1,250 sq. ft. facility leases for $2,381 per month on a lease until July 2014, with one five year option to renew. The facility comes fully equipped with a full kitchen, a deep fryer, woks, a six burner stove, plenty of prep tables, rice cookers, refrigerators, and ice machine, display coolers, a full buffet line, and a recently added first class Boba machine and separate production area, The shopping plaza has a large parking lot, and convenient freeway access.

This business is located in a busy West Covina Shopping center with a plethora of complementary businesses geared toward the area’s predominant ethnic communities. As such, this restaurant has maintained a competitive advantage over venues with similar concepts for years.

A buyer will likely seek to maintain the status quo with respect to the concept and menu offering, as this business has been a stable earner for some time, or they may seek to capitalize on the high traffic shopping center that has fewer popular Asian venues by implementing a Japanese, Korean, Thai, etc. concept. New owners may seek to aggressively promote the catering portion of the business, as this has been a solid segment of the business that the sellers have only serviced on a limited basis. New owners may also seek to implement an efficient delivery service.

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