*not included in asking price.
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.
- Not included in asking price
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.
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
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