Business Details

Hamburger Drive Thru Location

Location : Los Angeles

Type of Business : Drive Thru Burger Restaurant

Asking Price: $259,000
Inventory: $15,000

Gross Sales: $420,000

Summary of Business

Drive-thru Burger Restaurant with new underground speakers, sensors, and wiring Drive-thru system. Newer A/C unit installed 3 years ago, 2 years left on warranty, no restrictions on lease for hours to be open, no menu restriction either, no lease restrictions on selling alcohol, Check with ABC, Location does have 1 restroom, 12-foot hood lots of cooking equipment grills, burners, Large walk-in refrigerator with newly installed compressor two years ago. Lots of parking in the center for plenty of customers, this place needs some love to get its up to full money income potential, but with this great stand-alone location that has great visibility and tall sign coverage on Main Street across from a large Government Building, this place can be a gold mine. Rents start as low as 3,600 per month and 3 x 5 year options, no grease trap is necessary it has been Grandfathered in since the early 70's.

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Other Details

Reason for Sale: Retiring

Income

Gross Yearly Sales: $420,000
Adjusted Yearly Net Profit: $30,000

Rent

Total Rent: $3,600
Length of Lease: 3 x 5 years
Options: 0
Sq. Ft: 1,500
Occupancy: 80

Employees

Number of Employees: 6
Full time: 3
Part time: 3
Hours of Operation: Mon: 6:30-3pm Tues - Sun: 6:30 - 9pm Payroll: $10,000- 11,000

Expenses

Insurance: $4,800 per year
Gas: $6,000
Electric: $1,000
Water: $100
Phone: $220
Trash: $inc in cam
Internet and TV: $inc in phone

Additional Details

Year Established: 2018


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