Business Details

Fast Food Burger Drive-thru

Location : Los Angeles

Type of Business : Fast Food Drive-thru

Asking Price: $650,000
Inventory: $12,000

Gross Sales: $1,764,000

Summary of Business

Busy Main Street corner location in unincorporated LA County. Freestanding Drive-thru restaurant building. Seller completely remodeled the inside and outside of the building in 2019, including a completely new roof, Stucco wrap the whole building, new parking lot, new equipment package, and all the interior and exterior decor. The seller spent approx $550,000 on this complete remodel in 2019. Amazing Signage that lights up like you're in Las Vegas. Fully Employee runs the business with a manager in place. The owner handles the paperwork, cash flow/bill paying, and oversees employees. Payroll mentioned herein includes Manager and payroll tax. An engaged Owner can increase sales and net income simply by being active in the daily operations, This smaller footprint store has less overhead to operate and is much easier to manage. LONG LEASE. RENT IS ONLY 5% OF SALES 

Show More

Other Details

Reason for Sale: Too far away for other businesses the seller owns in Orange County.

Income

Gross Yearly Sales: $1,764,000
Adjusted Yearly Net Profit: $275,000

Rent

Total Rent: $6,000
NNN: $1,440
Length of Lease: 5+5+5+5 yrs (2.5% increases)
Options: 0
Sq. Ft: 1,500
Occupancy: 40

Employees

Number of Employees: 17
Full time: 5
Part time: 12
Hours of Operation: 8am - 10pm daily Payroll: $43,800

Expenses

Insurance: $12,000 per year
Gas: $3,500
Electric: $included in Gas
Water: $included in Gas
Trash: $included in Gas

Additional Details

Year Established: 2019


Similar Listings
Can't find what you are looking for?

Lets search for that business together.

Click here to fill out our targeted acquisition form

Broker License:  01774609

Copyright ©BizbyAndre 2022. All Rights Reserved