PRICE REDUCED: Re-Branding Opportunity or Flame Broiler

Los Angeles County, CA

Fast Casual Rebranding Opportunity!
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Asking Price: $43,000

Cash Flow: $21,816

Gross Revenue: $415,837

EBITDA: $21,816

FF&E: $15,000

Inventory: $4,000*

Rent: $3,671 /Month

Established: 2010

*not included in asking price.

PRICE REDUCED: Re-Branding Opportunity or Flame Broiler

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Business Description

Located on an extremely busy boulevard in southern LA County, it has quick access to the major freeways. While this fast casual restaurant is currently a Flame Broiler, who is Known for their chicken, beef, and rice bowls. The landlord will allow the space to be converted to another use or concept. The center also hosts other name brand tenants, and features easy parking.

This store is clean, organized, and has excellent books and records. It is well-kept, with fresh paint and new menu boards. The space offers a large walk-in refrigerator, tankless water heater and a restroom for guests. The equipment and hood are well maintained and in great working condition. The space is very manageable and easy to run with low overhead. Flame Boiler has 180+ locations nationwide and has been a runaway hit due to its' healthy options and low priced, simple menu.

The Seller has owned multiple locations for 9+ years, but removed herself from day-to-day operations years ago, with not-so-surprising results. She has officially decided it's time to retire, and is putting this store (and the other two locations) on the market. An energetic Buyer can step into this location, be present in the business, and increase revenue. The Seller spends zero on additional advertising beyond corporate; invest in local advertising and marketing to increase sales! Network and build relationships with the community to grow your revenues. How about joining the online delivery apps (Postmates, Grubhub or UberEats) to grow business?

This is a fantastic opportunity to maintain the existing Flame Broiler or re-brand this turn-key, health department approved, built out space into your winning concept. Save you working capital for marketing and advertising. This fast casual restaurant location will not last at this reduced price. Contact your agent now!

Detailed Information

Location:
Los Angeles County, CA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
950
Lease Expiration:
4/30/2020
Employees:
12
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Re-Branding Opportunity! Or Maintain Existing Flame Broiler Low Rent! Options Available! Large Walk-in refrigerator Simple Menu and Straightforward to Operate. Expansion Opportunity!
Support & Training:
Owner will Train
Reason for Selling:
Retirement
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Robert Marshall

Business Listed By:
Robert Marshall

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Sponsoring Broker:
Sean Edelstein

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