Fast Food Drive-thru

$775,000

Riverside

Asking Price: $ 775,000
Type of Business: Fast Food Drive-thru
Location: Riverside
Hours of Operation: 6:30 – 10:00, Sunday 7:00 – 10:00
Gross Sales: $ 105-110,000 mo.
Adjusted Net Profit: $ 20-21,000 per mo.
Total Rent: $ 7,500.00 mo.
NNN: $ 475 mo. property tax
Length of Lease: 15 years
Options: 5 years
Sq. Ft. 1,550
Occupancy: 40 inside and 36 outside
Number of Employees:
Full time: 6      Part time: 9
Payroll: $ 29,000 mo.
Insurance: $
Gas: $
Electric: $
Water: $
Phone: $
Trash: $
Internet and TV:
Cost of goods:
Business description.

SAME OWNER FOR 37 YEARS. That never happens unless it is a very good and profitable business.

Great Hard Corner location.Extra large parking lot. Extra long drive-thru lane. Strong drive-thru business. Good books and records. Long term lease in place for a total of 20 years.
Approx. 1,550 SF building carries a smaller footprint making an easier business to operate with lower overhead than large spaces and equals higher net profits for comparable sales.
Long time employees in place. Lots of return customers who have frequented this location for years.
This is a steady money maker year in and year out.
SBA loan potential with qualified buyer.

 

Call for more details.
(714) 366-5498