Drive-thru Burgers Major Hard Corner

$1,030,000
Costa Mesa

Asking Price: $ 1,030,000

Type of Business: Fast Food Drive-thru on Major Hard Corner
Location: Costa Mesa
Hours of Operation: 6 am – 9 pm, 7 days
Gross Sales: $ 120,000 month
Adjusted Net Profit: $ 27,000 month
Total Rent: $ 11,000 month
NNN: $ 1,450 month
Length of Lease: 25 yrs.
Options: N/A
Sq. Ft. 2,350
Occupancy: 85
Number of Employees: 14
Full time: 7           Part time:  7
Payroll: $ 22,500
Insurance: $ 600
Gas: $ 2,300 (all utilities included)
Electric: $ included above
Water: $ included above
Phone: $ 350 (includes internet)
Trash: $ 2,000
Internet and TV: included above
Cost of goods: 28-30%

Business description.

23 years is now retiring. This top location has been a money maker for all 23 years. Full menu serving breakfast, lunch and dinner. Landlord is looking for an experienced buyer. Equipment includes 2 hoods, with full cook line in front and prep kitchen in back, walk-in cooler and walk-in freezer. In need of fresh blood to work the business and really boost sales much higher. Current owner is retiring and has health issues therefore cannot work much. Owner will carry $500,000 for 84 months at 5.75% interest for a qualified buyer who owner approves. Good records. Net profit is verifiable on books.

Call for more details.

(714) 366-5498