Seller's Contact Information
- RE: Growing Burger Franchise On The Central Coast;
- Contact: Steve Zimmerman
- License #: 01310250
Quick Facts
Asking Price: | $275,000 | |
Annual Revenue: | $1,240,140 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $139,568 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2016 | |
Employees: | Not Disclosed | |
BBN Listing #: | 204511533 | |
Broker Reference #: | 4385 |
Business Overview:
Growing Burger Franchise on the Central Coast; $1.2 Million Sales; New Franchise Locations and Regions Available
RRC#: 4385
Asking Price: $275,000
Location: San Luis Obispo County
Annual Revenue: $1,240,140
Annual Cash Flow: $139,568
Monthly Rent: $5,113 1,227 NNN
Expiration: 2026 plus Five Year Option
Listing Description:
Fast-casual burger restaurant for sale in San Luis Obispo County. The restaurant occupies a stunning, stand-alone building with outdoor patio space, and has its own dedicated parking area. The location is high-traffic with other retail stores in close proximity and about a mile to the beach. The interior has a newer build-out, with modern finishes. In addition to featuring an extensive selection of burgers, the menu also includes a variety of other items. The reviews on Yelp, Google and TripAdvisor are 4.5 or higher.
The revenues have increased at a steady pace each of the last five years. The lease is very affordable and long term. This location is absentee run and has a full time manager.
The business for sale is part of a franchise. The purchase price of this location includes both the franchise fee, and franchise training fees which is a $25,000 value. Training includes store manuals, and systems orientation as part of the package. The buyer of this business would have the opportunity to develop locations in the San Luis Obispo County area, Santa Barbara County and Ventura County, This presents an excellent opportunity for a new franchisee to grow.
The building and equipment is in great condition and a full equipment list is available upon request.
For more information please visit https://www.restaurantrealty.com/listings/4256/
General Information:
Organization: Corporation
Year Established: 2016
Employees: Contact for Info
Reason For Sale: Other Interests
Financial Information:
Monthly Revenue: $103,345
Monthly Cash Flow: $11,630
Annual Revenue: $1,240,140
Annual Cash Flow: $139,568
Annual Payroll: Contact for Info
Facilities:
Square Feet: 1,820
Seating: Contact For Info
Parking: Parking Lot
Days/Hours of Operation: 11am - 8pm 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: 1,820 Seating: Contact For Info Parking: 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 homebased business opportunity.
- This is a franchise resale opportunity
Documents:
Relevant Links:
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