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Feb 16, 2018 — Business Description: Busy quintessential American Burger restaurant at an outstanding location - adjacent to a university campus and a popular sports stadium - is profitable, popular, progressive and poised for growth. Its menu features Homestyle Burgers and Hot Dogs, Vegetarian Burgers, Vegan options along with fresh cut fries and desserts.
Detailed Information: The restaurant is in a two store stand-alone structure on the grounds of a larger shopping center. It is closed Mondays, open every other day from 10am to 9pm.
The restaurant offers catering, delivery via GrubHub and a 10% discount to college students. Limited Social Media reviews are excellent.
Facilities: 1,450 square feet of indoor space and a 350 square foot outdoor patio with tables and chairs. Seller made many improvements in 2017 including a new metal roof for the patio, new cash registers, new kitchen tool, Elite-tel (CCTV), a new front door, tables and chairs. The lease runs through April, 2020 and has one optional 5-year extension.
Competition: Lots, but it is to be expected in this busy area; there six restaurants in the same strip mall that offer mostly non-competing menus. The mall is anchored by a national discount retailer and large drug store. There is a fast-food chain restaurant on the nearby campus, a few blocks away.
Growth and Expansion: Research will likely to reveal many opportunities for growth, including the possibilities of being open 7 days a week, extending hours on weekends and on game nights to capitalize on hungry sport fans and students, be a part of UberEats, evaluate food prices, grow Vegan Menu, increase marketing to appeal to students and stadium goers and increase social media awareness.
Support and Training: Seller will provide weeks of training at no less than 20 hours a week.
Reason for Selling: Other Interests
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