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Fast-Casual Franchise is Ready for a NEW OWNER!!

Los Angeles, CA (Los Angeles County)

Seller Financing Available
Fast-Casual Franchise is Ready for a NEW OWNER!!
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Asking Price: $359,000

Cash Flow: N/A

Gross Revenue: $660,000

EBITDA: $115,000

FF&E: N/A

Inventory: $2,500*

Rent: $5,830 /Month

Established: 2017

*not included in asking price.

Fast-Casual Franchise is Ready for a NEW OWNER!!

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Business Description

DESCRIPTION:

This franchise brand is very popular to locals. Offering tasty, fresh and satisfying choices, this restaurant is built just for you. Being in one of Los Angeles County’s up and coming neighborhoods, this restaurant is in a city that is becoming popularized by the many professional sports teams, concerts, and events that come to the area. Situated very close to the 405 freeway and located on a popular street, this franchise restaurant is very hard to miss.

Positioned on the 1st floor of a mixed-use build, this 2,200 sq. ft. location comes with patio seating, a 41-liquor license, and rent at only $5,830 a month!

There are many dense neighborhoods nearby and multiple Schools in close proximity, making it ideal to market both in-store and delivery options for this franchise restaurant for sale. The area has boomed over the last 5 years and is expected to continue growing as new homes and businesses are being welcomed into the community.

The current menu offers craft burgers and specialty sandwiches all in a simple one-page menu. As the owner, this small menu helps control cost, easy prep, and allows you to maintain consistency, which is turn, can equal more money. The Franchise brand has developed a social media presence that has grown to more than 160,000 followers combined over multiple platforms. A great location with loads of fantastic reviews, and a well put together menu makes this franchise a prize.

This franchise restaurant is a huge opportunity for someone who is ready to take over an existing business and be a part of a big business network that already has brand recognition. Training and support are provided by the franchisor. Opening a restaurant is an exciting time, and for someone like yourself, a restaurant franchise is a great option. It’s time to get on board. Hurry before this offer passes by!

EQUIPMENT:

• Walk in Freezer
• Supply Racks
• Prep Stove
• Type (1) Hood
• Fryer
• Soft Serve Machine
• Flat Top Grill
• Beverage Freezer
• Beer on Tap
• Deli Warmer
• Low Boy
• Egg Steamer
• Iced Tea Brewer

FACILITIES & OPERATIONS:

• Mixed Use Building with ample ground floor parking
• Patio seating for guest who want to enjoy the fresh air
• Open (7) days a week
• Surrounded by other strong businesses that drive traffic to the area
• $400K built out makes this location operation ready

CURRENT MANAGEMENT & LABOR:
• This location is clean and well kept
• Absentee run
• Reported net sales for 2018 are $645,000 annually

PROFORMA
Income $645,000.00
COG 30% $193,500.00
Payroll 22% $143,500.00
Rent 10% $69,960.00
Misc. 10% $64,500
Franchise Fees 8% $51,600
Total Expenses 80% $523,060
Net Profit 20% $121,940

Listing #19021JH
visit us at www.PacificRestaurantBrokers.com and fill out our Confidentiality Form

Detailed Information

Location:
Los Angeles, CA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,200
Lease Expiration:
N/A
Financing:
$50,000.00
Support & Training:
Franchise and seller training available
Reason for Selling:
other investements
Business Website:
http://www.PacificRestaurantBrokers.com
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Pacific Restaurant Brokers

Business Listed By:
Jerry Diza

Pacific Restaurant Brokers

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