Businesses and Franchises for Sale on BizBuySell.com

Hamburger: Gross $804K Net $144K Asking $340K in Whittier

Whittier, CA (Los Angeles County)

Asking Price: $339,000

Gross Income: $804,000

Cash Flow: $144,000

EBITDA: N/A

FF&E: N/A

Inventory: $5,000*

Real Estate: N/A

Established: 7

Employees: 10

*not included in asking price.

Valuation Report Print Listing Share Listing

Business Description

Hamburger w/DT: Gross $804K, Net $144K, Asking $340K in Whittier

Good size and $67,000 of monthly gross sales volume of Hamburger Restaurant with well structured drive-thru which is well-positioned right in front of mid-size strip mall facing towards the heavier traffic major street and surround by high density of retail stores and residential areas. It is really rare to find such good and strong business Hamburger Restaurant familiarized with its reputation and name brand, which has been being popular to the public by its business name. Investing a reasonable price of $339,000 into this strong Hamburger business enables buyers to start up with the opportunity of producing a net profit of $12,000 - $13,000 per month or more depending on your devotion to the business operation. It is too good to miss it. Immediate and intensive action is required.

Detailed Information

Inventory:
Not included in asking price
Facilities:
Strong business with a relatively higher gross sales Hamburger Restaurant serving breakfast, lunch and dinner located in front of the mall shaped pad type with well-structured drive-thru surrounded by retail stores and apartments along the streets. It's operating futures are as follows: (1) Gross sales per month is $67,000 (2) Net profit per month is $12,000 (3) Rent payment per month is $4,000 including NNN with a 12 years remaining on the lease with scheduled an increase every two years at fair market value and 1-5 year option (4) Restaurant size is 2,000 SF (5) Open hours are from 7:00 am to 11 pm Sunday through Thursday and 7 am to 12 am on the weekend (6) Employees are six full time & four part time (7) There are a five exclusive parking spaces assigned and extra mall parking spacious available in front and rear
Competition:
There are two competitors in 2 mile radius.
Support & Training:
Regular two weeks training to be given after close od escrow
Reason for Selling:
Tired. Want some rest and vacation form long-been-working

Listing Status for Premium Members

Ad#: 1051953

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's terms & conditions before responding to any ad.

Contact the Seller

from currently available funds
I plan to make a purchase decision in:
Months
Send Message Loading
Yong Sok (Kevin) Kim

Business Listed By:
Yong Sok (Kevin) Kim

Bee Realty Group & Century 21

Show Phone Number

View My Listings
Broker's Website