Business Details

Drive-thru Fast Food Restaurant

Location : Riverside County

Type of Business : Drive-thru Fast Food Restaurant

Asking Price : $2300000 Plus Inventory, Approximately $5,000
Inventory : $15,000

Summary of Business

Big, Beautiful Drive-thru Restaurant. This store is 18 years old and has been one of the higher volume Burger Drive-thru restaurants in the IE for the full 18 years. Very well established and known. The building, interior, and equipment are top-notch and all well maintained. A long Drive-thru stacking lane helps to sustain the high volume of business. A large cement parking lot allows for a large crowd when we open our dining rooms again, plus there is a sizable patio for the outdoor too. This one hits on all 8 cylinders. The seller has well-documented records. Long term lease with low rent to sales. Base rent is just under 5% of the sales volume. High Gross Sales, High Net Profits. Store like this one does not come around often. BUYERS, BE PREPARED TO PROVIDE YOUR PROOF OF FUNDS PRIOR TO OUR RELEASE OF FURTHER INFORMATION.

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Other Details

No Data Available.

Income

Gross Yearly Sales: $$ 2,500,000 annually for 2020
Adjusted Yearly Net Profit: $$ 750,000 annually for 2020

Rent

Total Rent: $$ 10,000 per month base rent
NNN: $$ 1,500 mo. for property tax
Length of Lease: 10 yrs
Options: 0
Sq. Ft: 3,050
Occupancy: 90 inside plus 40 patio

Employees

Number of Employees: N/A
Full time: 20
Part time: N/A
Hours of Operation: 6am – 10pm M-F, Sat & Sunday 7am-10pm Hours Worked by Owner: N/A Payroll: $ $ 50,000

Expenses

Insurance: $ $9,960 per year
Gas: $ $ 950 mo
Electric: $ $ 1,750 mo
Water: $ $ 1,200 mo
Phone: $ $ 400 mo
Trash: $ inc. in Water above
Internet and TV: N/A
Cost of Goods: $ N/A
Any other expenses: $ N/A

Additional Details


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