Business Details

Fast Food - Burger Restaurant with Real Estate

Location : Los Angeles

Type of Business : Fast Food Restaurant

Asking Price: $1,565,000
Inventory: $800,000

Gross Sales: $888,000

Summary of Business

Freestanding, corner location with excellent visibility, easy access Fast Food Restaurant. 100% manager run. The owner visits the business once a month! Full kitchen walking refrigeration, well-maintained equipment. Very easy to operate kitchen. Inside and outside dining area great monument sign. For sale with the Real Estate. Ask the agent for details. Great opportunity for owner-operator! Lot Size: 8,766 Sq. Ft., Building 1335 Sq. Ft.

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Other Details

Reason for Sale: Living too far from the area

Income

Gross Yearly Sales: $888,000
Adjusted Yearly Net Profit: $130,000

Rent

Total Rent: $6,000
NNN: $100,000
Length of Lease: Lease expires: 10 year, New Lease - Options Avail: 5+5 year
Options: 0
Sq. Ft: 1,335
Occupancy: 35

Employees

Number of Employees: 6
Full time: 4
Part time: 2
Hours of Operation: 7 AM till 9 PM Payroll: $21,000

Expenses

Insurance: $5,760 per year
Gas: $1,100
Electric: $1,520
Water: $Incl. in electric
Phone: $157
Trash: $377
Internet and TV: $Incl. in phone

Additional Details


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