Price reduced on this Employee run fast food restaurant. Big upside!

Simi Valley, CA (Ventura County)

Price reduced on this Employee run fast food restaurant. Big upside!
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Asking Price: $42,000

Cash Flow: N/A

Gross Revenue: $300,000

EBITDA: N/A

FF&E: $10,000

Inventory: N/A

Rent: $4,200 /Month

Established: 1988

Price reduced on this Employee run fast food restaurant. Big upside!

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Business Description

Fantastic opportunity to be the owner of this iconic, easy to run fast food restaurant that has been in the same location in Simi Valley for over 30 years! There are 3 other locations, but owner is willing to waive licensing fees for the right buyer. Business is being run completely by a manager and is doing annual sales of close to $300,000. Business comes with a beer and wine license, big screen TV’s, alarm and security cameras. A new working owner has big upside by cutting payroll, selling more beer and wine, adding veggie options and reaching out to the community. Delivery service just started and is doing well. For more information and to fill out an NDA go to pacificbusinessadvisors.com or call Cory Winick at 818 620-8091

Detailed Information

Location:
Simi Valley, CA
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
11/30/2019
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
2 weeks 20 hours a week
Reason for Selling:
Seller now a full time mother and moved 20 miles away
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cory winick

Business Listed By:
Cory Winick

Pacific Business Advisors

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Sponsoring Broker:
Fred Mercuro

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