21 Nov Profitable and Popular Albuquerque Mall Kiosk Food Business
Location: Bernalillo, New Mexico
Industry: Restaurants & Cafes
Listing ID: Mall Kiosk
This independent business has everything in place for new owners to thrive with minimal involvement. Enjoying a prime location at Albuquerque’s most popular mall, the business takes advantage of its heavily foot-trafficked location to reach impulse shoppers. Specializing in fresh fruit drinks and other fun, festival-styled fair, the food concept is unique, popular and proven. Seasonal changes keep the menu fresh, and recent upgrades to the signage and kiosk catch the eyes of passers-by.
With solid profit margins, minimal advertising and no franchise fees, the business has enjoyed substantial growth. The operation has been optimized for minimal owner involvement. The seller spends about an hour a day on-site, and from time to time monitors the venue remotely from a laptop. Most of the scheduling, bookkeeping, and ordering is routine and can be handled from home. All the recipes and procedures are well documented for a smooth hand-off to new owners.
Cash Flow: $193,680
FFE: $80,000 (Included in Price)
Inventory: $6,000 (Included in Price)
Real Estate: (Not Included in Price)
Reason For Sale:
Seller will pursue other interests.
Training & Support:
To be negotiated.
Year Established: 2018
Days & Hours of Operation: Sat - Sun
Owner Hours Per Week: 1
Absentee Owner?: Yes
The eye-catching completely equipped grab-and-go food kiosk takes full advantage of its 140 square feet and four-sided visibility without feeling cramped. Near the malls two main interior pedestrian arteries and surrounded by top-brand retailers, the location attracts a steady flow of shoppers. A nearby, approximately 90-square-foot storage space is outfitted with freezers, fridges and ample shelving, making restocking easy.
The mall features a number of other fast-food outlets, but this independent brand has held its own and developed a loyal following. From healthy to indulgent offerings, it has broad appeal.
The business has enjoyed organic growth. With the recent introduction of new menu items, seasonal favorites, upgraded signage, and more social media advertising of specials, the sellers expect revenues to continue this trajectory.