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Hamburger w/DT: Gross $720K Net $100K Asking $250K in E. LA

Los Angeles County, CA

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

Asking Price: $259,000

Gross Income: $720,000

Cash Flow: $120,000

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 $720K Net $100K Asking $250K in E. LA

Good size local hamburger restaurat with drive-thru making a steady income for the past 8 years. Business name is popular to the public since ther are seen at many locations. Sellers are motivated to sell it at the lowest price ever since.

Detailed Information

Inventory:
Not included in asking price
Facilities:
Hamburger Restaurant serving breakfast, lunch and dinner located in front of the mall with drive-thru surrounded by residential areas. ItBusiness is as follows: (1) Gross sales per month is $60,000 (2) Net profit per month is $8,000 (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 (7) Ample parking space is available on the side and in the back.
Support & Training:
Two weeks training to be given after closing.
Reason for Selling:
Partnership problem

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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