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Hamburger: Gross $840K Net $132K Asking $370K in Whittier

Whittier, CA (Los Angeles County)

Hamburger w/Drive-thru
Hamburger w/Drive-thru

Asking Price: $370,000

Gross Income: $840,000

Cash Flow: $132,000

EBITDA: N/A

FF&E: N/A

Inventory: $5,000*

Real Estate: N/A

Established: N/A

Employees: 10

*not included in asking price.

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Business Description

Hamburger w/DT: Gross $804K, Net $144K, Asking $370K in Whittier

Just good size-not-too-big-not-too-small hamburger restaurant with drive-thru having a steady sales income for the past 8 years. Difficult to find such a good local hamburger restaurat and their name is popular to the customers by its reputation.

Detailed Information

Inventory:
Not included in asking price
Facilities:
Steady business with a relatively better 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 residential and apartments complex. It's operating future is as follows: (1) Gross sales per month is $70,000 (2) Net profit per month is $11,000 (3) Rent payment per month is $4,000 including NNN with a 12 years remaining on the lease plus 5 years option to renew (4) Restaurant size is approx. 1,900 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 five exclusive parking spaces assigned and extra mall parking space available in front.
Competition:
There are competitors in 2 mile radius, but not affecting this hamburger restaurant due to different customer categories and distance.
Support & Training:
Regular two weeks training to be given after close od escrow
Reason for Selling:
Want a break

Listing Status for Premium Members

Ad#: 1051953

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Yong Kevin Kim

Business Listed By:
Yong Kevin Kim

Bee Investment Inc.

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