Established Flame Broiler For Sale By Owner

Los Angeles County, CA

Established Flame Broiler For Sale By Owner
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Asking Price: $229,000

Cash Flow: $82,000

Gross Revenue: $540,000

EBITDA: $82,000

FF&E: $20,000

Inventory: $5,000*

Rent: $2,930 /Month

Established: 2012

*not included in asking price.

Established Flame Broiler For Sale By Owner

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Business Description

Norwalk Area - Established Flame Broiler, Semi-Absentee

Established Flame Broiler Franchise located in the Norwalk vicinity. Located in a strip center with major anchor tenants - busy supermarket on one side and top fast food burger franchise on other end.

Employee run. Owner works only 2-3 four (4) hours shifts per week.

2018 Gross Sales - $540k
2018 Net Cashflow - $82k
Low Rent: $2930/month (including CAM); Base rent fixed until 2023
Lease: 4 more years, plus two (2) five year options

Opportunity to increase sales by expanding restaurant hours and owner working more hours.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,100
Lease Expiration:
N/A
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
FFE included in sales price.
Support & Training:
2-4 weeks of required training provided by Franchisor. Owner will also provide up to 2 weeks on site training.
Reason for Selling:
Retirement
Franchise:
This business is an established franchise
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Business Listed By:
Phil DAmato

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