LOS ANGELES, California
| Asking Price |
$525,000 |
Year Established |
2019 |
|
| Annual Revenue |
$1,107,358 |
Reason for Selling |
Other Interests |
|
| Annual P/L |
$0 |
Attention |
Steve Zimmerman |
|
| Annual Cash Flow |
$0 |
Listing Number |
629323 |
|
| # of Employees |
14 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
Brand Name Hamburger Franchise SBA Pre-Approved
RRC# 4978
Location: Los Angeles County
Description:
Located in Eagle Rock in a busy shopping center with major brand-name anchor stores and close freeway access, this food chain has thrived since 1947. Food critics have often voted it Best Hamburger in Los Angeles. Never frozen, all food is freshly prepared. This restaurant has become a familiar presence in Southern California and is expanding quickly to other territories, with over 180 locations in the United States. Start-up investment for a new franchisee is typically $750,000+. This is a profitable turnkey operation. Corporate training and seller support means a smooth transition. Excellent long-term lease terms. Equipment includes 12’ hood, 24” gas fryer, 24” char broiler, 48” Accu grill, 72” refrigerated drawer, ice cream cabinet, 72” work table, Norlake walk-in refrigerator, 1-door and 2-door freezers, Ansul fire system, Radiant POS system, full security/alarm system and much more. Approved for SBA financing.
General Info:
Organization: Corporation
Established: 2019
Current Owner: 2019
Employees: 3 FT; 12 PT
Reason For Sale: Other Interests
Monthly Rent: $10,640
Expiration: 2030 plus 5 year option
Financial Information:
Monthly Revenue: $92,300
Monthly Cash Flow: Contact for Info
Annual Revenue: $1107358
Annual Cash Flow: Contact for Info
Monthly Payroll: $19,050
Facilities:
Square Feet: 2,000
Seating: 48 + 16 patio
Parking: Public lot
Licenses: Health permit
Days/Hours of Operation: Mon-Sun 10:30 a.m. - 2 a.m.
Property Features and Assets:
<p ><strong><span >Facilities:</span></strong></p>
<p ><span >Square Feet: 2,000 </span></p>
<p ><span >Seating: 48 + 16 patio </span></p>
<p ><span >Parking: Public lot </span></p>
<p ><span >Licenses: Health permit </span></p>
<p ><span >Days/Hours of Operation: Mon-Sun 10:30 a.m. - 2 a.m. </span></p>
Market Competition and Expansion:
<p ><strong><span >General Info:</span></strong></p>
<p ><span >Organization: Corporation</span></p>
<p ><span >Established: 2019</span></p>
<p ><span >Current Owner: 2019 </span></p>
<p ><span >Employees: 3 FT; 12 PT </span></p>
<p ><span >Reason For Sale: Other Interests</span></p>
<p ><span >Monthly Rent: $10,640 </span></p>
<p ><span >Expiration: 2030 plus 5 year option</span></p>
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