Business Details

Fast Food Drive-thru Restaurant

Location : Long Beach

Type of Business : Fast Food Drive-thru Restaurant

Asking Price : $225000 Plus Inventory, Approximately $5,000
Inventory : $N/A

Summary of Business

Freestanding Restaurant building with a Drive-thru in use. Clean building. Business has been in operation for about 40 years. Well established. Well up kept building and equipment. All in good shape. 1 owner works full time here. Plenty of parking. Good Street exposure. Located in an industrialized part of Long Beach on the way to the port. Hours can be cut in the evenings and weekends and not give much effect on the business income as this is a Blue Collar working neighborhood. Seller intends to move out of the area. SUBMIT ALL OFFERS.

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Other Details

No Data Available.

Income

Gross Yearly Sales: $$ 45,000 mo.
Adjusted Yearly Net Profit: $$ 8-10,000 mo.

Rent

Total Rent: $$ 4,000 mo.
NNN: $$ 650 mo.
Length of Lease: 8 years
Options: 0
Sq. Ft: 2,000
Occupancy: 45 seats inside and 25 outside

Employees

Number of Employees: Full time: 4 Part-time: 2
Full time: 4
Part time: 2
Hours of Operation: 6am – 10 pm, Sunday 7 am – 10 pm Hours Worked by Owner: N/A Payroll: $ $ 11,000

Expenses

Insurance: $ $ 350 mo. per year
Gas: $ $ 600 mo. incl gas & water
Electric: $ $ 900 mo.
Water: $ $ inc in gas above
Phone: $ $ 85 mo. inc internet
Trash: $ $ 175 mo.
Internet and TV: N/A
Cost of Goods: $ N/A
Any other expenses: $ N/A

Additional Details


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