Business Details

Fast Food Restaurant Signalized Corner

Location : Los Angeles County

Type of Business : Fast Food Restaurant

Asking Price: $450,000
Inventory: $8,000

Gross Sales: $840,000

Summary of Business

Free-standing Restaurant on a signalized corner with a large monument sign, great visibility, and easy access from all directions. Established for many years, serving Breakfast, Lunch, and Dinner. Full kitchen with well-maintained equipment. Large preparation area with second hood and a stove with oven, and dishwashing area. Full surveillance system, and POS with printers. Large walk-in refrigeration.  The same owner for the last twelve years has decided to retire. Located in a commercial and residential area. 

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Other Details

Reason for Sale: Retiring

Income

Gross Yearly Sales: $840,000
Adjusted Yearly Net Profit: $170,000

Rent

Total Rent: $5,000
NNN: $585
Length of Lease: Available
Options: 0
Sq. Ft: 1,800
Occupancy: 70

Employees

Number of Employees: 5
Full time: 4
Part time: 1
Hours of Operation: 7 AM - 8 PM, Sunday 8 AM - 8 PM Payroll: $13,000

Expenses

Insurance: $8,400 per year
Gas: $700
Electric: $1,100
Water: $135
Phone: $350

Additional Details


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