Andre Gulmesoff

Fast Food Double Drive-thru Restaurant including Real Estate

Location : Inland Empire

Type of Business : Fast Food Drive-thru

Asking Price: $3,100,000
Inventory: $15,000

Gross Sales: $1,040,000

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Confidential Visit

Summary of Business

Price includes Land, building and business. approx. 3,064 SF of Drive-thru building and approx 33,611 SF of land. Large lot with lots of parking. DOUBLE DRIVE-THRU with extremely long stacking lane. Beautiful Building inside and outside. Large kitchen with 3 hood systems. The kitchen, drive-thru, dining room and parking lot will enable this great location to sell $400-500,000 per month. The seller bought the property mid-2019. He spent 3 1/2 years remodeling and had several set backs during that time that extended his eventual opening of the business on 1/26/23 (including a sever bout of Covid). This prolonged period exhausted the Sellers funds and he has been under-capitalized from the start and hasn't had proper advertising funds. Despite this the store is selling a minimum of $4,000 per day during the slower summer season and growing weekly. Surrounded by newer housing, medical buildings and commercial properties.

ALL BUYERS LOOKING TO PURCHASE WITH REAL ESTATE MUST SEE THE BEAUTIFUL PROPERTY

Other Details

Reason for Sale: The seller had many mishaps and it took him 3 1/2 yrs to open. Under-capitalized

Income

Gross Yearly Sales: $1,040,000
Adjusted Yearly Net Profit: $call

Rent

Options: 0
Sq. Ft: 3,064
Occupancy: 100

Employees

Number of Employees: 20
Full time: 18
Part time: 2
Hours of Operation: 7am - 9pm Payroll: $50,000 /mo.

Expenses

Insurance: $1000 /mo business and building per year
Gas: $$2000 - $2500 /mo.
Electric: $3000 /mo.
Water: $1200 /mo. inc trash
Internet and TV: $250 /mo. inc phone
Cost of Goods: $28