Business Details

Gourmet Fast Food

Location : Orange County

Type of Business : Gourmet Fast Food

Asking Price: $800,000
Inventory: $20,000

Gross Sales: $2,040,000

Summary of Business

Hard Corner location. The total traffic count at this intersection is 44,600 cars per day, per traffic study on the City website. Beautiful Freestanding building with a large patio. Built with all high-end finishes. Great pride of ownership in this one. Great Online Reviews. Good quality food for a fast-food restaurant.  Lot size of approx. 23,533 Sq. Ft. Building approx. 3,500 sq. Ft. Large parking lot with 31 parking spaces. Perfect location with lots of Industrial and Office Buildings on one side and solid Residential on the other side. The owner works part-time here. He leaves the store completely 1 - 2 weeks every month as he goes out of town to 2nd home. An engaged owner operator can increase sales, and save on waste with both increasing the net profits. There is a large comfortable dining room and a good-sized covered patio.
Purchase with or without real estate.
Price at $3,800,000 for land, building, and business, or $1,100,000 for business only.

Buyers need to provide proof of funds, & do NOT disturb employees when visiting the site. 

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Other Details

Reason for Sale: Semi-Retire

Income

Gross Yearly Sales: $2,040,000
Adjusted Yearly Net Profit: $360,000

Rent

Total Rent: $10,000
NNN: $1,110 property tax
Length of Lease: 1,110 property tax
Options: 0
Sq. Ft: 5 + 5 yrs
Occupancy: 160+

Employees

Number of Employees: 22
Full time: 10
Part time: 12
Hours of Operation: 7 am - 8 pm, Sundays 8 am - 8 pm Payroll: $1,110

Expenses

Insurance: $14,400 per year
Gas: $1,300
Electric: $2,300
Water: $300
Trash: $400

Additional Details

Year Established: 2013


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