10408 Cookingham Dr Kansas City, MO 64157
- Commercial real estate
- 1,400 SF
Current Use by Public Records
- Teriyaki Madness / Gluten-Free Restaurant / Japanese Restaurant
Property Details for 10408 Cookingham Dr
- Year built
- 2022
- Property size
- 1,400 SF
- Property type
- Commercial real estate
Description
This established Teriyaki Madness franchise in Kansas City, MO, presents a remarkable investment opportunity. Located at 10408 NE Cookingham Dr, in Clay County, zip code 64157, this 1,400 square foot Class A restaurant opened August 18, 2022. The business boasts impressive sales figures, exceeding $307,000 in just six months, averaging $51,000 monthly and projecting nearly $614,000 annually. Operating expenses are well-managed, with labor and food costs comprising 30% and 26% of sales respectively, alongside a $3,640 monthly lease payment (NNN included), 6% franchise fees, and 3% advertising fund contributions. This translates to robust profit margins of 25% to 30%, generating a monthly profit of $16,000 to $20,000, or $192,000 to $240,000 annually. The prime location, situated near Starbucks, Ace Hardware (opening soon), and Price Chopper, ensures excellent visibility and accessibility. This is a unique opportunity to acquire a profitable, rapidly growing franchise with significant upside potential. The asking price is $400,000. Inventory will be replenished for the new owner, and 30 days of comprehensive training, plus ongoing support from the franchise team, will be provided. The current owner will also cover the 10% franchise transfer fee upon meeting the asking price. There is no initial franchise investment cost. This is the only Teriyaki Madness in the Northland area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Kansas City
- County
- Clay
- State
- Missouri
- Longitude
- -94.4491
- Latitude
- 39.2671
