Drive-thru Fast Food Restaurant

Asking Price: $ 450,000
Type of Business: Drive-thru Fast Food Restaurant
Location: San Bernardino County
Hours of Operation: 7 am – 9 pm daily
Gross Sales: $ 80,000 per month currently
Adjusted Net Profit: $ 12-14,000 per month currently
Total Rent: $ 6,000 (see comments below)
NNN: $ 450 mo for property tax
Length of Lease: 15, 1/2 years
Options:
Sq. Ft. 2318
Occupancy: 75 inside
Number of Employees:
Full time: 6        Part time: 6
Payroll: $ 14,000 per month
Insurance: $ 435 mo.
Gas: $
Electric: $ All utilities inc elect, gas, water & trash
Water: $ Total $3,000 per month
Phone: $ 300 mo
Trash: $
Internet and TV:
Cost of goods: N/A
Business description.

Freestanding Drive-thru Fast Food restaurant. Shows good profits on the books and will qualify for an SBA loan if the Buyer is also qualified. Try 30% down payment. Great Lease with over 15 year left. Current Base Rent is only $6,000 and the property tax is also low at about $5400 per year. Base rent increases to $6,500 on May 1, 2021 and is fixed there for 5 years. Thereafter it increases $500 per month every 5 years. Good location with a mixture of Commercial, Industrial and Residential surrounding this business. Business current sales are approx. $80,000 and net profit of $12-14,000 per month.