Real Estate Included-Fast casual restaurant with Drive Thru on a large lot with ample parking. Built in 2005 and very well maintained. 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. Serving breakfast, lunch and dinner, quality burgers, sandwiches, salads and fries. Over $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, 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. LAND LEASE with $100 rent only, for the next 40 years, no increase in rent ever.

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$115,623
  • Monthly Cash Flow$12,500
  • Annual Revenue$1,387,475
  • Annual Cash Flow$150,000
  • PayrollContact For Info

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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