Business Details

Fast Food, Burgers & Mexican food

Location : Los Angeles

Type of Business : Fast Food, Burgers & Mexican food

Asking Price: $700,000
Inventory: $12,000

Gross Sales: $1,524,000

Summary of Business

100% Help run Business. Free-standing building in a signalized corner with a large monument sign and great visibility and access. Full kitchen with well-maintained equipment. Serving a variety of American and Mexican food for Breakfast, Lunch & Dinner. Well-known and popular fast food restaurant in the area. Fully employee-run business with 2 managers. Great location surrounded by many different commercial businesses and homes. An owner-operator can increase the net profit by over $100,000.00 Year. Currently, the Managers are receiving $11,000. per month salary.

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Other Details

Reason for Sale: Retiring

Income

Gross Yearly Sales: $1,524,000
Adjusted Yearly Net Profit: $228,000

Rent

Total Rent: $11,278
NNN: $800
Options: 0
Sq. Ft: 2,300
Occupancy: 80

Employees

Hours of Operation: 7AM till 10PM Payroll: $43,000 Includes managers & Tax

Expenses

Insurance: $700 per year
Gas: $1,350
Electric: $2,000
Water: $250
Phone: $440
Trash: $550
Internet and TV: $Incl. with phone

Additional Details


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