Review

Fast Food-Burger place
Restaurant, Food Related
In or near Los Angeles

Status: Available
Price: $199000
Sq Ft: 1,300 Sq Ft.

LBA Listing # 6275
 

  




 
Fast Food-Burger place
Restaurant, Food Related


Los Angeles LBA Listing # 6275
Located on a crowded street in downtown Ventura. it is 1,300 sq.ft. Chain Restaurant offers a verity of Burgers, Chicken, Sandwiches and etc, also serving beer. Seller claim his gross annual Sales $450,000 and he also claims his Net Income is about $100,000 a year. Rent is $4,500/m including NNN. The payroll is $9,000/m and the store is open 7 x days a week (11am-9 pm)., but allowed to stay open until 2.00am on Saturdays and Sundays. There are about 500 stores in more than 15 Sates, Burger IM has developed training to empower franchise owners and support them in operating successful and profitable stores.
Status: Available
Price: $199000
Sq Ft: 1,300 Sq Ft.  


Business Information Financial Information
Ownership Type:  Corporation
Year Established:
Year Purchased:
Business Type: Fast Food
License(s) Required:
Hours of Operation: 11.00 am-10.00pm/7xdays a week
Business Relocatable: No
Business Is A Franchise: Yes
Home Based: No
Broker To Broker CoOp:  No
Office Listing Number: 6275
Date Available: 10/28/2019
Reason For Sale: Moving out of State.
Annual Total Revenue: 450,000
Annual Net Income: 100,000
Inventory:
Monthly Payroll: 9,000/m
Lease Information
Base Rent: 4,500/m
Lease Expires:
Lease Option:
NNN: included
 
Financing Information
Down Payment: 199,000
Owner Will Carry:
Other Finance Terms:
Disclaimer: This Information has been supplied to Broker by Seller. Broker expressly disclaims any and all liability for representation of warranties, expressed or implied, contained in such information, or for omissions from them. Broker believes such information to be correct, but has not verified or checked it. Any agreement or decision by Buyer to pursue a transaction regarding this Business should be based on further investigation by the Buyer. This information is shared by all Brokers/Agents at Liberty Business Advisors of San Francisco, Inc.