Successful “Charleys Philly Steaks” LA Franchise

Not Disclosed, CA
Los Angeles County

Prime Los Angeles Location


Asking Price: Annual Revenue:
$999,995 $1,400,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Successful “Charleys Philly Steaks” LA Franchise Broker: Steve Zimmerman
License #: 01310250

Quick Facts

Asking Price: $999,995
Annual Revenue: $1,400,000
Net Profit: Not Disclosed
Cash Flow: $350,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2019
Employees: 15
BBN Listing #: 994611533
Broker Reference #: 4263

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Business Overview:

Successful “Charleys Philly Steaks” Franchise - Prime Los Angeles Location

RRC#: 4263
Asking Price: $999,995
Location: Los Angeles County
Annual Revenue: $1,400,000
Annual Cash Flow: $350,000
Monthly Rent: $6,894 or 6% whichever Greater
Expiration: 2029 plus 5 Year Option

Listing Description:
SBA Pre-Approved 85% loan - Charleys, is THE place that's all about the classic sandwich from Philly!
Founded in 1986, with over 650 locations in 46 U.S. states and in 17 countries. Charleys can be found in retail shopping centers, airports, strip centers, and Army & Air Force bases worldwide
They have several different cheesesteaks to choose from. Chicken, steak and even a veggie delight. Among some of the unique Philly steak offerings are buffalo, teriyaki, jalapeño or Italian style. Sandwiches are offered in small (6 inch), regular (8 inch) or large (10 inch). Aside from sandwiches; they also offer regular fries and gourmet fries; cheese, cheese and bacon or ultimate. They pride themselves on making authentic cheesesteak sandwiches and a variety of popular sides such as our loaded fries that customers adore!
Overall, Charleys is a most successful Franchise and this store has High revenues and High net profits. Located in a large Shopping Strip Mall amongst many restaurants and shops with exclusive use and neighbors, Marshalls, Cold Stone Creamery, Jamba Juice, WingStop, Chipotle & Panda Express in this popular LA destination. 1,500 square feet of QSR with annual revenues exceeding $1.4 million and $350,000 net profit.
If you want to own a Quick Service Restaurant business that specializes in a hard-to-get and much-loved comfort food and you want a business that can handle drive-through, third party delivery, and contactless curbside pickup, Charley’s is a smart investment to make!?
To receive more information and discuss this opportunity with the broker along with the broker’s connections for a long-term SBA loan solution, please complete the ‘Non-Disclosure Agreement’ on our website and we’ll send you the name and address of this business opportunity along with full financial information, lease & comprehensive list of equipment included with the sale. We’ll also send you the Broker's direct contact information so you can discuss this opportunity in more detail.

For more information please visit https://www.restaurantrealty.com/listings/4263/

General Information:
Organization: Inc
Year Established: 2019
Employees: 15
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $116,666
Monthly Cash Flow: $29,166
Annual Revenue: $1,400,000
Annual Cash Flow: $350,000
Annual Payroll: $289,698

Facilities:
Square Feet: 1,561
Seating: 50
Parking: 100+ Parking Lot
Days/Hours of Operation: 10.00am - 10.00pm Daily

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Square Feet: 1,561 Seating: 50 Parking: 100+ Parking Lot

Reason for Selling:

Other Interests

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

Relevant Links:

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