Return to broker profile

Burgers on the Beach Just Cut The Price! Cash Cow!

Orange County, CA

Burgers on the Beach Just Cut The Price! Cash Cow!
Contact Seller

Asking Price: $329,999

Cash Flow: $120,275

Gross Revenue: $710,993

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 1976

Burgers on the Beach Just Cut The Price! Cash Cow!

Save Print Share Valuation Report

Business Description

Burgers and beer at the beach!

Here is the opportunity you have been waiting on.

Long established burger joint with drive thru, beer and wine license and views to the Pacific Ocean.

This restaurant has been a neighborhood favorite for decades and is ready for the next owner to reap the benefits of the years of goodwill build up.

Lots of ways to improve sales and profitability the current owner has owned the restaurant since 2007 and is ready to retire.

Located on super busy road with a nice front patio and large dining area, there is plenty of room for dine in customers and a great beach decor atmosphere.

Beer and wine license is already in place.

The drive through provides quick and easy access for customers in a hurry.

Sales verified via tax returns were $690,885 in 2017 and $710,993 in 2018.

Adjusted net income for 2017 was $110,052

Adjusted net for 2018 was $120,275.

Seller rarely works at the restaurant but is able to bring in substantial income.

If you are ready to roll your sleeves up and get to work as an owner operator this restaurant will be a gold mine. Just by being here you will save on employee labor, cost of goods and all the other improved efficiencies that a working owner brings to the table.

Restaurant space is approximately 2500 sq. feet inside plus another 400 sq. feet of outside patio area.

Monthly base rent is $7336.

NNN is approximately $1300/month

Current lease term expires September of 2019 with two five-year options available.

Don’t miss this opportunity to have it all steps from the beach in a consistently high volume and profitable restaurant.

Detailed Information

Location:
Orange County, CA
Employees:
10
Business Website:
http://sellingrestaurants.com/restaurant-for-sale/oc-burger-restaurant
Contact Seller

Contact the Seller

Contact Seller Loading

Rob Tade

Business Listed By:
Rob Tade

SellingRestaurants.com.

Show Phone Number

View My Listings


Sponsoring Broker:
Mel Jones

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1671000 Report an issue with this listing

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 of Use before responding to any ad.


Similar Listings


Naturals2Go

Franchise Opportunity
Cash Required: $45,000