Asking Price: $ 690,000
Type of Business: Freestanding Burgers and Drive Thru
Location: Orange County, Ca.
Hours of Operation: 6:00 am to 10:00 pm 7 days
Gross Sales: $ 115,500 per month
Adjusted Net Profit: $ See financial Statement 11/20/2017
Total Rent: $ 12,400
NNN: $ 1,450
Length of Lease: 2020
Options: 3-5 year options
Sq. Ft. 5500 plus patio
Occupancy: 100 Inside – 40 Outside
Number of Employees: 22
Full time: 16 Part time: 6
Payroll: $ 40,418.00 Average
Insurance: $ 2,681.00 includes Liability & WC
Gas: $ included below
Electric: Combined Total Utilities $4,195.00
Water: $ included above
Phone: $ 445 including internet
Trash: $ 469
Cost of goods: N/A
This business has been an icon in Orange County for a number of years. It has a steady base in the County, just blocks off the 55 Freeway. It is a freestanding building with a large parking lot and great visibility on a very busy street. There is a great patio in the front of the building and beautiful sign-age. The important part of this location is the GREAT DRIVE THRU…The current owner has only had the business for 1yr. and a family member has become very ill, therefore he needs to sell the business. Currently it is semi-absentee run and needs full-time management. The majority of cooks and other employees are long term. The business has great potential and in the past was averaging $190,000 per month. The business requires an involved Buyer or Manager who will be totally involved in the daily operation. Buyers will need to show Proof of Funds before a walk thru. We have a long term Lease on this location which creates a positive opportunity with this purchase.
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