Very well established, historic hamburger restaurant for sale in the South Bay. The business was established in 1945, and has been owned by two families since then. The current owners took over in 1975. This restaurant has been a popular place to get a burger for decades, and is a beloved local institution. Its sales have been consistent year over year, at one million-plus for the last three years. The business is also well organized for pickup and delivery orders giving the new owners the opportunity to expand on and grow sales. The name, menu, recipes and training are included with the sale. However, the current location is not included in the sale. The business will need to be relocated to resume operations. Please call for more information.

General Info

  • OrganizationContact For Info
  • Established1945
  • Current Owner1975
  • EmployeesContact For Info
  • Reason For SaleOther Interests

Facilities

  • Seating80 inside and 40 outside
  • Square Feet822
  • ParkingParking Lot
  • LicensesHealth, Business and Beer and Wine
  • Open HoursMonday - Friday 11am to 9pm; Sat and Sun 8am to 9pm

Lease

  • Rent$6,952
  • ExpirationApril 2025
  • Yearly IncreaseFixed
  • OptionNegotiable
  • DepositContact For Info

Financials

  • Monthly Revenue$88,634
  • Monthly Cash FlowContact For Info
  • Annual Revenue$1,063,609
  • Annual Cash FlowContact For Info
  • Payroll$Contact 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.

Location