Fast Food Drive-thru Restaurant

Asking Price: $ 225,000 or submit offer
Type of Business: Fast Food Drive-thru Restaurant
Location: Long Beach
Hours of Operation: 6am – 10 pm, Sunday 7 am – 10 pm
Gross Sales: $ 45,000 mo.
Adjusted Net Profit: $ 8-10,000 mo.
Total Rent: $ 4,000 mo.
NNN: $ 650 mo.
Length of Lease: 8 years
Options: 10 years
Sq. Ft. 2,000
Occupancy: 45 seats inside and 25 outside
Number of Employees:
Full time: 4      Part-time:  2
Payroll: $ 11,000
Insurance: $ 350 mo.
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:
Cost of goods: N/A
Business description.

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.