Quick Service Restaurant With Property
Location California,United States
Asking Price Range $250K - $500K
Gross Revenues $180000
Net Profit / Cash Flow $48000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2004
Number of Employees 1 - 3
Inventory 16000
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training 2 weeks at 20 hours/week.
Reason for Sale Personal.
Description This quick service restaurant for sale in South Los Angeles is located on a main thoroughfare and includes the real estate. The property houses a single tenant, single story, corner building with a gated parking lot and drive-thru. The business includes a large hood cornered into two walls, a fully equipped kitchen, refrigeration, an office, and plenty of indoor and covered outdoor storage. Currently the restaurant operates from 8 am - 8 pm 7 days per week, and offers breakfast, lunch and dinner, however it specializes in burgers. The building, along with its dedicated sign post, has excellent street visibility.
Asking Price $425,000 - Includes Property!
The business operates from a 1,260 square foot facility. All of the business assets and real estate are included in the total asking price, including the kitchen equipment, furniture and fixtures. Inventory estimated at $1,000 is included in the asking price.
Competition is considered low as the immediate area is primarily residential.
Based on the historical activity this business has room to grow. A new owner may continue to build off the existing burger concept or shift the business toward a new concept such as seafood, Mexican, Asian, Pizza, Chinese or others. As real estate is included, this opportunity should qualify for a number of financing options, including certain SBA programs.
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