SBA Pre-Approved 85% loan - Charleys, is THE place that's all about the classic sandwich from Philly! Founded in 1986, with over 650 locations in 46 U.S. states and in 17 countries. Charleys can be found in retail shopping centers, airports, strip centers, and Army & Air Force bases worldwide They have several different cheesesteaks to choose from. Chicken, steak and even a veggie delight. Among some of the unique Philly steak offerings are buffalo, teriyaki, jalapeño or Italian style. Sandwiches are offered in small (6 inch), regular (8 inch) or large (10 inch). Aside from sandwiches; they also offer regular fries and gourmet fries; cheese, cheese and bacon or ultimate. They pride themselves on making authentic cheesesteak sandwiches and a variety of popular sides such as our loaded fries that customers adore! Overall, Charleys is a most successful Franchise and this store has High revenues and High net profits. Located in a large Shopping Strip Mall amongst many restaurants and shops with exclusive use and neighbors, Marshalls, Cold Stone Creamery, Jamba Juice, WingStop, Chipotle & Panda Express in this popular LA destination. 1,500 square feet of QSR with annual revenues exceeding $1.4 million and $350,000 net profit. If you want to own a Quick Service Restaurant business that specializes in a hard-to-get and much-loved comfort food and you want a business that can handle drive-through, third party delivery, and contactless curbside pickup, Charley's is a smart investment to make!? 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 name and address of this business opportunity along with full financial information, lease & comprehensive list of equipment included with the sale. We'll also send you the Broker's direct contact information so you can discuss this opportunity in more detail.

General Info

  • OrganizationInc
  • Established2019
  • Current Owner2019
  • Employees15
  • Reason For SaleOther Interests

Facilities

  • Seating50
  • Square Feet1,561
  • Parking100+ Parking Lot
  • LicensesContact for Info
  • Open Hours10.00am - 10.00pm Daily

Lease

  • Rent$6,894 or 6% whichever Greater
  • Expiration2029
  • Yearly IncreaseContact for Info
  • Option5 Year Option
  • Deposit$16,630

Financials

  • Monthly Revenue$116,666
  • Monthly Cash Flow$29,166
  • Annual Revenue$1,400,000
  • Annual Cash Flow$350,000
  • Payroll$24,142

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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