Contemporary full-service burger chain serving craft beers and wine. Fantastic corner location in great area with 2 patios, high traffic & ample parking in back. Beautifully remodeled throughout in 2018, with an attractive dining room, bar and furnishings plus, a well-equipped and fully upgraded kitchen. Menu includes burgers, salads, desserts etc. Well run employee restaurant with good staff and 2 shift supervisors managing the business. Owner pops in 2-3 hours a day to greet customers. Good franchise support, training & marketing. New furniture, flooring, lighting, air conditioning, electrical, plus, Micros POS system, refrigeration, hood system etc. Some equipment includes: 15 ft. hood, grill, stove top, walk in cooler with new compressor, walk in freezer, refrigerated prep station, cheese melter, fryer, ice maker, kegerator with 6 taps etc. plus all small wares, furnishings, tables, chairs. Royalties runs 3% of sales and marketing 1%.

General Info

  • OrganizationInc
  • Established2010
  • Current Owner2018
  • Employees20
  • Reason For SaleOther Interests

Facilities

  • Seating99
  • Square Feet2000
  • ParkingParking lot directly behind
  • LicensesABC Type 41, City Business License, Health Department Permit
  • Open HoursSun-Wed 11AM-9PM, Thur-Sat 11AM-9:30PM

Lease

  • Rent$13,879 includes cams
  • Expiration2028
  • Yearly IncreaseContact For Info
  • Option5 years
  • DepositYes

Financials

  • Monthly Revenue$114,536
  • Monthly Cash Flow$10,093
  • Annual Revenue$1,374,430
  • Annual Cash Flow$121,111
  • 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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