Fast-casual burger restaurant for sale in San Luis Obispo County. The restaurant occupies a stunning, stand-alone building with outdoor patio space, and has its own dedicated parking area. The location is high-traffic with other retail stores in close proximity and about a mile to the beach. The interior has a newer build-out, with modern finishes. In addition to featuring an extensive selection of burgers, the menu also includes a variety of other items. The reviews on Yelp, Google and TripAdvisor are 4.5 or higher.
The revenues have increased at a steady pace each of the last five years. The lease is very affordable and long term. This location is absentee run and has a full time manager.
The business for sale is part of a franchise. The purchase price of this location includes both the franchise fee, and franchise training fees which is a $25,000 value. Training includes store manuals, and systems orientation as part of the package. The buyer of this business would have the opportunity to develop locations in the San Luis Obispo County area, Santa Barbara County and Ventura County, This presents an excellent opportunity for a new franchisee to grow.
The building and equipment is in great condition and a full equipment list is available upon request.
- Current OwnerContact for Info
- EmployeesContact for Info
- Reason For SaleOther Interests
- SeatingContact For Info
- Square Feet1,820
- ParkingParking Lot
- LicensesBeer and Wine, Business and Health Permit
- Open Hours11am - 8pm Daily
- Rent$5,113 +1,227 NNN
- Yearly IncreaseFixed Biannual Increase
- OptionFive Year Option
- Monthly Revenue$103,345
- Monthly Cash Flow$11,630
- Annual Revenue$1,240,140
- Annual Cash Flow$139,568
- Payroll$Contact for Info
- 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.