Business Details

Burger, Fast Food Restaurant - PRICE REDUCED

Location : Orange County

Type of Business : Burger, Fast Food

Asking Price: $195,000
Inventory: $10,000

Gross Sales: $600,000

Summary of Business

Busy Corner location up in front of a Supermarket Shopping Center. Amazing Exposure to the Street Traffic. Great full kitchen. Loads of parking. Very close distance to a large High School. Extra potential to cater to the school as prior owner did for decades and this owner ignores. This location boarders a middle and upper income residential neighborhood and a very large block (miles) of Industrial buildings and Offices. Current owner is retiring and does not promote the business. This one needs new blood and enthusiasm to increase the sales and net profit. Building, fixtures and equipment are all in good condition. PRICE REDUCED

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Other Details

Reason for Sale: Retirement

Income

Gross Yearly Sales: $600,000
Adjusted Yearly Net Profit: $96,000

Rent

Total Rent: $4,250
NNN: $1,300
Length of Lease: Lease expires 15 yrs.
Options: 0
Sq. Ft: 2,200
Occupancy: 72

Employees

Number of Employees: 5
Full time: 3
Part time: 2
Hours of Operation: 6:30 am - 8:30 pm Payroll: $11-12,000 per month

Expenses

Insurance: $3,720 per year
Gas: $850
Electric: $1,100
Water: $inc. in NNN
Trash: $inc. in NNN
Cost of Goods: $

Additional Details

Year Established: 1,994


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