Real Estate included with this immaculate, established and well maintained fast food restaurant on a large lot with ample parking and DRIVE THRU. On a major blvd. with seating for 60 people. This highly visible restaurant boasts 3050 sq. ft. and sits on a 13,327 sq, ft, lot.. Built in 2005, looks like new. Serving breakfast, lunch and dinner, quality burgers, sandwiches, salads and fries. $1.3 million in annual sales. 50% of sales are thru the drive thru. Spacious and clean kitchen and storage area. Kitchen features two cook lines, each with hood, walk in fridge & 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 owns another location with same name so there may be some restrictions with the use of the name. There is a land lease for the next 40 years with $100.00 a month rent on the lease, no annual increases ever. OWNER WORKS PART TIME. SBA Pre-Approval includes $1,100,000 in financing.

General Info

  • OrganizationContact For Info
  • Established2005
  • Current Owner2005
  • Employees16-20
  • Reason For SaleOther Interests

Facilities

  • Seating60
  • Square Feet3050
  • ParkingParking lot
  • LicensesCity Business license, health department
  • Open HoursContact For Info

Lease

  • RentMortgage $10,000 $100 land lease
  • Expiration2058 land lease only
  • Yearly IncreaseContact For Info
  • OptionContact For Info
  • DepositContact For Info

Financials

  • Monthly Revenue$115,250
  • Monthly Cash Flow$18,003
  • Annual Revenue$1,400,000
  • Annual Cash Flow$216,000
  • Payroll$$34,575

Financing

  • Down Payment$Contact For Info
  • Note Balance$Contact For Info
  • Terms of NoteContact For Info
  • All CashContact For Info

DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

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