Brand Name Hamburger Franchise SBA Pre-Approved

Los Angeles County, CA
listing image
Asking Price:$525,000
Rent:$10,640
Gross Revenue:$1,107,358
Established Year:2019
BUSINESS DESCRIPTION

Brand Name Hamburger Franchise SBA Pre-Approved

RRC# 4705
Location: Los Angeles County

Description:
Located in Eagle Rock in a busy shopping center with major brand-name anchor stores and close freeway access, this food chain has thrived since 1947. Food critics have often voted it Best Hamburger in Los Angeles. Never frozen, all food is freshly prepared. This restaurant has become a familiar presence in Southern California and is expanding quickly to other territories, with over 180 locations in the United States. Start-up investment for a new franchisee is typically $750,000+. This is a profitable turnkey operation. Corporate training and seller support means a smooth transition. Excellent long-term lease terms. Equipment includes 12’ hood, 24” gas fryer, 24” char broiler, 48” Accu grill, 72” refrigerated drawer, ice cream cabinet, 72” work table, Norlake walk-in refrigerator, 1-door and 2-door freezers, Ansul fire system, Radiant POS system, full security/alarm system and much more. Approved for SBA financing.

For more information please visit: https://www.restaurantrealty.com/listings/4425/

Financial Information:
Monthly Revenue: $92,300
Monthly Cash Flow: Contact for Info
Annual Revenue: $1107358
Annual Cash Flow: Contact for Info
Monthly Payroll: $19,050

General Info:
Organization: Corporation
Established: 2019
Current Owner: 2019
Employees: 3 FT; 12 PT
Reason For Sale: Other Interests
Monthly Rent: $10,640
Expiration: 2030 plus 5 year option

Facilities:
Square Feet: 2,000
Seating: 48 + 16 patio
Parking: Public lot
Licenses: Health permit
Days/Hours of Operation: Mon-Sun 10:30 a.m. - 2 a.m.


DETAILED INFORMATION
Location
Los Angeles County, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,000
Lease Expiration
31/12/2030
Employees
15
Facilities
Square Feet: 2,000 Seating: 48 + 16 patio Parking: Public lot
Reason for Selling
Other Interests
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Steven
Zimmerman
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Steven Zimmerman