Quick Service Restaurant For Sale
Location California,United States
Asking Price Range < $250K
Gross Revenues $98310
Net Profit / Cash Flow $22259
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1980
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training 2 wks at 20 hrs/wk
Reason for Sale Personal.
Description This 5 day per week Eagle Rock Area / Glendale quick service afternoon restaurant is located in a quaint residential neighborhood with built-in commercial traffic, as well as excellent freeway access. The restaurant, which has been a neighborhood staple since the 1980s, has great street visibility and a convenient walk-up window, patio seating and onsite parking lot. The business enjoys remarkably consistent revenues with practically no seasonality. The kitchen boasts a large griddle, oven / stove, deep fryers, a salad prep table, 2 bucket since, 2 door cooler, 1 door freezer, as well as an ice machine, soda fountain and an onsite rest room.
Asking Price $49,000
This 1,500 square foot (including patio space) venue leases for $2,080 per month on a lease until 2018 with one five year option. All of the businesses furniture, fixtures and equipment are paid off and included in the sale (except perhaps the soda fountain).
This well established quick service restaurant is a well established neighborhood stable that serves a variety of fast foods to local residents and neighborhood employees as there is a very large employer adjacent to the facility.
New owners may seek to extend the operating hours into the evenings for dinner service and on the weekends, as this 5 day per week business only operates with an abbreviated 30 hour per week schedule. New owners will likely seek to consider the addition of pizza, BBQ, schnitzel and sausages, teriyaki bowl, Mexican food items, or popular middle-eastern fast food fare such as shawarma wraps or shish kebabs, as it does not serve any of these items! This location could also serve as the home base for a catering operation.
Click Here To Contact Seller
|
|