D-Thru Hamburger: Gross $1.03M, Net $180K, SBA OK, at $470K, S/B

Chino, CA (San Bernardino County)

D-Thru Hamburger: Gross $1.03M, Net $180K, SBA OK, at $470K, S/B
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Asking Price: $470,000

Cash Flow: $180,000

Gross Revenue: $1,032,000

EBITDA: N/A

FF&E: N/A

Inventory: $8,000*

Rent: $6,000 /Month

Established: 2011

*not included in asking price.

D-Thru Hamburger: Gross $1.03M, Net $180K, SBA OK, at $470K, S/B

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Business Description

> Well-maintained old-fashioned hamburger restaurant with drive-thru located at the key point of the main signal corner. One of the areas with a growing Hispanic population. This restaurant is better known to Hispanics in the area.
> Turnkey. Semi-absentee profits. EBT accepted. Huge parking. Street retail. Established for a generation in the same spot while 8-yr in business by seller.
> Offering an extended menu, such as breakfast, lunch, dinner, burritos, tacos, sandwiches and house combo meals. A solid and simple breakfast menu is renowned for a great fast-food restaurant, offering a fair price and a huge portion, which are popular with locals and regulars. >
> Good indications are that consistent sales and profits have been maintained for many years and continue to this day.
> Rent is still reasonable as less than 10% of the gross. A long-term lease in place.
> Here is a summary of business operations, revenue and general information:
• Monthly gross turnover is $86,000 on average
• The average net income possible is $15,000 a month
• Cost of goods sold is on average 30%
• All-in rent is $6,000, including NNN / CAM
• Restaurant Sq. Ft. is approx. 2500
• 2-year remaining on the current lease plus 3x5 year options
• Hours are from 6:00 (7)am to 10:00 pm
• 5 full-time and 6 part-time employees
• One owner works only for management
• Established for 25 yrs and operated for 8 years by seller
• Lg. parking
• Financing – SBA loans are available for a 30% down
• To get loan and/or lease assignment approval, buyer must prove sufficient funds such as personal financial statement, 720+ FICO, sufficient down payment in the bank account seasoned over 90 days and at least 2 years similiar business experience
• Never speak to staff or interfere with work during visiting or checking the subject premise. Be aware employees not knowing the sale of business.
• To receive more information, fill out attached online NDA form and send it to me
• For your fast inquiries, email at beeinvest.kim@gmail.com or leave your message at (714) 345-6514
* NOTE: If you are a ready buyer and you are interested in learning more about this specific business oppoutunity or are serious about purchasing it, you are strongly encouraged to come to our office to get the financial details, loan procedures and business information that best fits your needs, due to the unique nature of the business
• Once you come to our office, you can get more listings for the business that you've always dreamed of, or other mainstream stores that might be the best fit for your goals.
Too hard to come? What if this is the game changer in your life? The perfect opportunity is only given to those who seek it. Come in. "Nothing to lose but to gain"
* Please let us know at least 3 days in advance to get better service.

Detailed Information

Location:
Chino, CA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,500
Lease Expiration:
5/31/2036
Employees:
11
Facilities:
Full kithen. Exceptional corner location, drive-thru establishment, the famous hamburger restaurant widely known all over the region and sound sales and income for the last 8 years. Huge parking. EBT accepted.
Competition:
There are three or more hamburger restaurants within 5 mile radius, but the sales and size of the restaurant are much smaller than this.
Growth & Expansion:
Seller makes no advertising or no SNS marketing. Add a wide range of ads. Develop special menu items at reasonable prices
Financing:
None
Support & Training:
2 week after closing
Reason for Selling:
Retirement
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Contact the Seller

(from currently available funds)
 
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Kevin Kim

Business Listed By:
Kevin Yong Kim

Bee Realty Group

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