Industry: Restaurant | Location: Centennial, CO
Asking Price: $250,000| Inventory/FFE: $(Included in Price)
Gross Revenue: $686,210 | Cash Flow: $102,931 (15% of Gross Revenue)
Lease: $3,610.80/month (term up to 3 Years) | Real Estate: N/A
Up and Coming Burger Restaurant in Centennial
Would you like to own, operate, and grow a successful fast casual hamburger restaurant?
The fast-casual restaurant market is booming. The revenues and expansion of restaurants such as Shake Shack, Lark burger, and Five Guys prove that this model can make money. This restaurant would give you the ability to make sales on day one, and then write your own success story.
Best Tasting Burgers, Fries, and Shakes:
Customers love the taste of the premium ingredients hamburgers, hot dogs, shakes, and French fries. The burgers come from fresh sirloin, the bread is baked fresh and delivered daily, cooks make the fries and onion rings from scratch, and real dairy is in the handcrafted milkshakes. The top-notch ingredients and taste is the reason it over three hundred Yelp reviewers gave it a five-star rating.
The restaurant is in in a strip mall near a major intersection and a freeway exit. The location has an Urban Center zoning, meaning “an economically vital, pedestrian-oriented, mixed-use district. “ The restaurant thrives during the lunch hours because of its proximity to stores, offices buildings, and thoroughfares. They do a considerable amount of delivery orders. There are five years left on the lease in this space. The current owner says the landlord is fabulous and easy to work with.
• Sparkling clean and extra-large commercial kitchen 2006 sq. feet with high quality features such as a brand-new hood, two walk-in refrigerators inside the kitchen, retro-style soda fountain, a large, and a huge refrigerated glass display case to encourage add-ons.
• Bright dining room with seats for about sixty people.
• An expansive patio with seating for thirty people.
• Office space with security-system for monitoring activities in, and around, the restaurant.
• Open service window connecting the kitchen with the front of the house for efficiency.
• Stylish and easy-to-clean dining furniture and other surfaces.
Many Features in Place:
This restaurant already has consistent and eye-catching branding, dedicated employees, popular menu items, loyal customers, and a solid reputation. It also has many working systems and vendor relationships.
They will soon start a cutting-edge point of service (POS) system to streamline marketing and off-site ordering. Customers will have the option of saving time by using an app to order online. The order will go directly to the kitchen, so food is ready when the customer arrives. The app also captures customer details to enable mobile marketing.
Most signature hamburgers are under the ten-dollar price point. The menu includes the classics and a few unique recipes. The customer can customize any order with extras. Adding drinks and extras means that a typical ticket for a single patron is in the range 14-20 dollar range.
Ideas to Increase Cash Flow:
A new owner should consider investing in a beer and wine liquor license. Beer and wine draw people in for dinner and have a high-profit margin. Merchandising could produce another revenue stream because the branding and loyal customers exist. An ambitious owner could expand the concept to other locations, and even into franchising.
The Ideal Buyer:
The ideal buyer has an aspiring attitude and feels committed to taking this fast-casual restaurant to the next level of success. Email us today for more information.