Business Overview:
SBA Pre-Approved 85% loan - Successful “Charleys Philly Steaks” Franchise - Prime Location
RRC#: 4258
Asking Price: $899,950
Location: Los Angeles County
Annual Revenue: $1,300,000
Annual Cash Flow: $250,000
Monthly Rent: $17,897 Inc NNN, Trash, Sewer/Water
Expiration: 2023 plus 5 year Lease Option
Listing Description:
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 also offer different lemonades.
Overall, Charleys is a most successful Franchise and this store has High revenues and High net profits. Located in a Mall set in a food court amongst many other QSR service outlets, but the only one of its kind since 2018.
650 sq ft, fully fitted with monthly rent at $17,890 but which includes, trash, sewer/water, cleaning. Revenues of $1.3million producing $250,000 annual profits. A Franchise fee of only 6% with full Franchisor training given at the offset on how to successfully operate and enjoy the benefits of this fabulous Charleys Philly Steak opportunity.
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/4258/
General Information:
Organization: Inc
Year Established: 2018
Employees: 18
Reason For Sale: Other Interests
Financial Information:
Monthly Revenue: $108,333
Monthly Cash Flow: $20,833
Annual Revenue: $1,300,000
Annual Cash Flow: $250,000
Annual Payroll: $255,036
Facilities:
Square Feet: 650
Seating: Contact For Info
Parking: 100 Parking Lot
Days/Hours of Operation: 11.00am - 7.00pm 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: 650
Seating: Contact For Info
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 homebased business opportunity.
- This is a franchise resale opportunity
Documents:
Relevant Links:
Asking Price: $150,000