"Giant Burger," the Icon burger restaurant in the area, established in 1965 and presently in the same ownership since 2007. 1200 sq ft of building with a 10,000 sq ft parking lot which is SBA pre-approved for a long-term 25-year loan with only 10% down to well qualified experienced buyers. Annual sales revenue in 2019 of $640,000 with a Seller's Discretionary Cash-Flow of $140,000. 2020 financials are similar with no downturn due to the pandemic. Burgers and Shakes, what could be simpler and owning the real estate is the 'Golden Ticket' to owning any restaurant. No landlord, no increase in rent and no conditions or restraints on your business operation. Nestled in rural Calaveras County in the Sierra foothills near many award-winning wineries and the neighboring towns of Murphy's, Angels Camp, Sonora, Jamestown & Arnold. All the staff are in place with good revenues and provable cash-flow, good books and records with verifiable financials set in a great location. The owners live in the Bay area and only visit this business once monthly as steady profits are consistent especially as the management and most employees have been there many years and know how to run the day-to-day operations. This is an opportunity to own a positive cashflow business in the Sierra Foothills and work remotely while enjoying the benefit of an extra income. This is a free-standing building with ample parking and 30 indoor seats with additional outdoor seating. The kitchen is fully equipped with a Type 1 hood and fire suppression system, deep fryers, flattop, grill and many s/s worktops with refrigeration. To receive more information and discuss this opportunity with the broker along with the broker's connections for a long-term SBA loan solution please complete the 'Non-Disclosure Agreement' on our website and we'll send you the financial information, comprehensive list of equipment included with the sale & the property profile. We'll also send you the Broker's direct contact information so you can discuss this opportunity in more detail.

General Info

  • OrganizationContact For Info
  • Established1965
  • Current Owner2007
  • Employees14
  • Reason For SaleOther Interests

Facilities

  • Seating30 Indoors + 20 Patio
  • Square Feet1200 + Patio
  • Parking10,000 sq ft Lot
  • LicensesHealth & Business
  • Open Hours11am - 8.00pm. Closed Tuesdays

Lease

  • RentReal Estate Included
  • ExpirationReal Estate Included
  • Yearly IncreaseReal Estate Included
  • OptionReal Estate Included
  • DepositReal Estate Included

Financials

  • Monthly Revenue$53,333
  • Monthly Cash Flow$11,666
  • Annual Revenue$640,000
  • Annual Cash Flow$140,000
  • Payroll$$9,500

Financing

  • Down Payment$Contact For Info
  • Note Balance$Contact For Info
  • Terms of Note25 years @ 5%
  • 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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