Burger Restaurant ( Fast Food)
Restaurant, Food Related
In or near Sacramento

Status: Available
Price: $295000
Sq Ft: 1926 Sq Ft.

LBA Listing # 3815



Burger Restaurant ( Fast Food)
Restaurant, Food Related

Sacramento LBA Listing # 3815
This is a 1,926 sq.ft. Fast Food Burger place located in very desirable shopping area very close to Elementary and High Schools and other businesses. It is a newly open Franchise Fast Food Restaurant which is casual and family style of eatery in a Strip Mall. Franchise fee of $30,000 with Royalty of 7%. Hours of operation; (11 am-9 pm) 7 days a week. Lease expires 2026 with 2 x 5 years options. Base Rent is $10,700/m including NNN. Seller claims so far his Gross Sale is about $575,000 and his Net Income is about $7,000 + $6,500  manager's pay a month . Monthly payroll is $17,000 for 16 x part time employees. Current Inventory is about $8,000-12,000. There are 47 seating inside and 12 seating outside. 
Status: Available
Price: $295000
Sq Ft: 1926 Sq Ft.  

Business Information Financial Information
Ownership Type:  Corporation
Year Established: 2019
Year Purchased: 2019
Business Type: Fast Food Burger Place
License(s) Required: Business, Heath,
Hours of Operation: 11.00 am-9.00pm/7xdays a week
Business Relocatable: No
Business Is A Franchise: Yes
Home Based: No
Broker To Broker CoOp:  No
Office Listing Number: 3815
Date Available: 11/16/2019
Reason For Sale: Other Interest.
Annual Total Revenue: So far is $575,000
Annual Net Income: 84,000
Inventory: 8,000-12,000 currently.
Monthly Payroll: 17,000
Lease Information
Base Rent: 10,700/m
Lease Expires: 2026
Lease Option: 2 x 5 years options
NNN: included
Financing Information
Down Payment: 295,000
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.