Fast Casual Concept w/Drive Thru-Absentee Owner

Not Disclosed, CA
Los Angeles County

Asking Price: Annual Revenue:
$1,700,000 $1,471,404

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Fast Casual Concept w/Drive Thru-Absentee Owner Broker: Restaurant Realty Brokers

Quick Facts

Asking Price: $1,700,000
Annual Revenue: $1,471,404
Net Profit: Not Disclosed
Cash Flow: $252,985
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 657311533
Broker Reference #: 3453

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Business Overview:

Fast Casual Concept w/Drive Thru-Absentee Owner-$252,000 Income-Turn Key w/ Real Estate!

RRC#: 3453
Asking Price: Offered At $1,700,000
Location: Los Angeles County
Annual Revenue: $1,471,404
Annual Cash Flow: $252,985
Monthly Rent: $100 land lease

Listing Description:
SBA pre-approved for financing. Nearly $1,500,000 in annual sales. Built in 2005, very well equipped & maintained. Serving breakfast, lunch, dinner, quality burgers, sandwiches, salads and fries. 50% of sales are drive thru. This highly visible restaurant boasts 3050 sq. ft. and sits on a 13,327 sq. ft. lot. Located on a major blvd. with seating for 60 and ample parking. Spacious and clean kitchen and storage area. Kitchen features two cook lines, 2 hoods, walk in fridge, walk in freezer, 6 burner stove with oven, 36? broiler, 60? griddle, 36? griddle, 2 Pitco fryers, refrigerated prep station 144?x 20? deep, ice machine, beverage refrigerator, ice cream freezer, Hobart meat slicer, cheese grater, potato slicer, bread racks, SS tables & two burner hot plate and more. Office includes, Maitre D POS system, HP printer, 16 camera security system, alarm system, computer, 3 TV’s, safe, employee lockers and employee lounge area. With 2 ADA bathrooms it is possible to add beer and wine. Owner only works a few hours per week. Assumable LAND LEASE with only $100 monthly rent for the next 40 years, no increase in rent ever.

General Information:
Organization: Corporation
Established: 2005
Current Owner: 2005
Employees: 16-18
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $122,617
Monthly Cash Flow: $21,082
Annual Revenue: $1,471,404
Annual Cash Flow: $252,985
Payroll: Contact For Info
Monthly Revenue: $122,617
Monthly Cash Flow: $21,082

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Additional Details:

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

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