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Businesses For Sale > Business For Sale in Boise, Idaho (ID)

Iconic Drive-in Restaurant and Food Truck for sale in Boise, ID

Boise, Idaho (ID)

Asking Price: Gross: Cash Flow:
$ 95,000 Undisclosed Undisclosed

Furniture and Fixtures Value:
$ 91,843 (included in the asking price)

Inventory Value:
$ 3,000 (included in the asking price)

Business Summary:
PRICE without Food Truck $71,500The business was originally established in the 1960ís and has gone through multiple incarnations over the years. One thing has remained constant - the old-fashioned, independent restaurant complete with two drive-thru windows, walk-up order window and covered parking. Recently relaunched after a hiatus and total interior/exterior re-model, the new concept has been well received by locals and others driving by or traveling through the area. There is also a fully equipped food truck in operation since 2014 that has a nice following of loyal customers; the Owner will keep the Food Truck if a buyer does not want it as part of the transaction.

 

   
Facilities / Terms of Lease: This site has great visibility, easy access and provides ample parking on the recently repaved lot. The location is on a busy street close to a large anchored shopping center, mature neighborhoods and a country club. The +/-750 square foot building, large parking lot plus use of an unimproved vacant lot leases for $1,200 per month with over three years remaining plus one five-year option to renew.  
   
Potential Growth/Expansion: The ideal buyer would be any restaurateur/entrepreneur interested in one of the last independent drive-thru restaurants left in the Treasure Valley. THE POSSIBILITIES A new Owner could continue with the current menu offerings, bring their own format or repurpose for another quick serve concept. The vacant lot area could be utilized for food truck rallies or a garden to grow fresh vegetables.  
   
Competition: There are very few independent freestanding drive-in restaurants left; this famous location has all the attributes and nostalgia of that bygone era. Most of the equipment is new and the building has been inspected and is up to code. The newly launched concept is known for top-quality food cooked to order, reasonable prices and friendly staff. After nine months of clean-up, new equipment and required upgrades the business finally launched about a year ago. Unfortunately, the Owner has some personal issues that force the sale of his dream opportunity.  
   
Seller Reference Number: BB4992
BusinessMart.com Listing Number: 249413
 

 

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For more info contact:

Arthur Berry and Company

Arthur Berry and Company
208-336-8000

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