Established and profitable Burger, Brews and Cocktails Restaurant

Claremont, CA
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Asking Price:$499,000
Gross Revenue:$1,800,000
Rent:$13,238
Established Year:2020
Cash Flow:$225,000
Inventory:$10,000
EBITDA:$225,000
BUSINESS DESCRIPTION

This popular Franchise is in the foothills of the San Gabriel Mountains and offers a variety of items such as Burgers, hotdogs, corn dogs, chicken sandwiches, and breakfast burritos along with fries, tater tots, and onion rings in a full-service setup. This franchise is currently operating in over 60 locations and provides great support to its franchisees.
This store is long established and has great sales of almost $1.8m a year and a great rent factor of below 10%. The royalty and advertising fees are 8% and the transfer fee is $10,000.00 which includes training and support at the close of escrow.
The establishment is currently absentee-run and profitable. Just imagine an owner-operator who can manage the expense more closely and can do with the net profit! See below how to increase the bottom line.

The space is over 2100 sf and there is a beautiful heated patio to the side of this end-cap location with great visibility. This unit has a full liquor license and a great selection of beers on tap (20 rotating handles) to balance any dining experience. There are lots of TVs for sports fans to enjoy their favorite events while grabbing a delicious meal, a cold brew, a glass of wine or a cocktail.

2023 FINANCIAL ANALYSIS
MONTHLY SALES:
$150K
RENT: $9883
COG: $45K
Payroll: $35k
Royalty + Ad fees: $12k
Miscellaneous: $20k (credit card processing, insurance, utilities etc.)
Income: $28k a month or $333K a year


DETAILED INFORMATION
Location
Claremont, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,171
Lease Expiration
08/12/2037
Employees
25
Support & Training
There is franshise and seller training at close of escrow
Reason for Selling
Other businesses to manage
Franchise
This business is an established franchise
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