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Food Court Lease Hold Interests Including Established Businesses For Sale

Dublin City, Dublin
Asking Price:
€995,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
€1,700,000
Net Profit:
€300,000

Urban link (Accredited property and business brokers) offer to the market for the first time this well established Perennial income streams.

Available to purchase are the leasehold interests in a food court in a well positioned super busy retail shopping mall in Dublin. There are a few franchised brands trading in the food-court which are Included in the sale. In a snapshot, you have 3 income generating franchised businesses creating some €1,7m annual turnover and a profit range some €300,000 and a balance sheet of around €500,000 which Includes cash reserves of some €300,000.

Property Information

Real Estate:

Lease

Lease Terms:

16 years remaining of a 30 year lease.
Rates are an additional €47,000 a year.
Center services are €36,000 a year.

Leasehold Rent:

€250,000 per annum

Location:

Super highly visible food court in a large retail mall.

Premises Details:

Under long lease, newly renovated!

Size in square feet:
2,500
Planning Consent:

Full retail, food, take away and sit down.
This is a food emporium

Business Operation

Expansion Potential:

Trading hours can be extended by 2.5 hours each day over weekends.
Corporate catering can be added on with ease.
Huge potential to increase turnovers here!
Food business strong.

Competition / Market:

Competition is everywhere! Its about service and quality!
Marketing is key to any business success!

Reasons for selling:

Change of career

Trading hours:

9am to 9pm, 7 days.

Employees:
28 plus 2 owners (Some part time and some full time)
Years established:
14

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

Various agreements with the brands.

Other Information

Support & training:

This is a franchised business and multiple units.
Franchisor training available, seller will allow generous handover and systems are super sleek with great staff!

Financing available:

No. Balance sheet €400,000 and includes €300,000 cash reserves.

Furniture / Fixtures value:
€500,000 - included in the asking price
Inventory / Stock value:
€30,000 - included in the asking price

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