This business has an outstanding location close in the Denny Regrade with a high volume traffic flow. The business opened in 1995 and is well established and has a very loyal client base. . The facility is very unique - it has a downstairs of about 800 square feet that will seat 15 and an upstairs that seats about 20 for a total of 35. It has all the amenities to make this a top producing Taco del Mar location. There is a lease in place that runs till 8/31/2017 and has an additional 5 year options to extend the term. The total rent is $4601 per month. The dishwasher is leased at $190 per month.
The Owner is Absentee and cannot manage the day to day operation of the business, He also has other business interests that require all of his time.
There are other fast food operations in the area, however, this location is very well situated close to the Denny Regrade area and S. Lake Union and has great visibility and has name recognition and excellent product identification. It also has longevity and a presence in the neighborhood.
The current owner is not involved with the day to day operation of the business and the gross sales volume reflects this. What is really needed is an onsite owner operator who will provide the personal touch that only an owner can show. There has been almost no promotion or marketing of this business since it opened. There is currently no delivery service or catering service in operation and the addition of these two services would greatly increase the profits of this business. The demographics of this area make this a prime site for a Superstore
The absentee Owner needs an immediate sale of this outstanding Taco del Mar location. He currently is involved in too many other businesses. Located close to the Denny Regrade and S. Lake Union this business is poised to explode with the right owner. High traffic volume and excellent visibility make this location ideal. The business opened in 1995. The current owner is not involved with the day to day operation of the business and the gross sales volume reflects this. What is really needed in an onsite owner operator who will manage the business on a day by day basis and provide the personal touch that only an owner can show. There has been almost no promotion or marketing of this business since it opened and that would greatly increase the traffic and the volume of the business. There is currently no delivery service or catering service in operation and the addition of these two services would greatly increase the profits. Due to the type of community this business is in it would also help to have an owner that is involved in the community and local activities of the area. The area around this business is exploding with growth, both residentially and commercially, and this will be a goldmine for an astute owner operator. Top of the line training is provided by the Franchiser for 2 weeks and in store training for one week after closing. The Franchise fee is 8% - Ad Fund Fee is 4.5% and the Transfer fee is $7,500. Seller terms with 50% down, 3 year term, at 6% interest
10:30 AM - 8 PM
Seller Reference #SEA01WA001-N215
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