Gourmet Burger Franchise restaurant 1.6 + mil sales in 2023!

Studio City, CA
listing image
Asking Price:$339,000
Established Year:2016
Gross Revenue:$1,600,000
BUSINESS DESCRIPTION

Profitable Gourmet BURGER Restaurant with Beer and Wine located in a densely populated area of the San Fernando Valley.

With sale over $1.6 Million in 2023 this restaurant is a money maker with an adjusted net income from the business of just under $140,000 for the year.

This restaurant was purchased in 2021 for a family member who has since sought out another career path and has left the business to be run completely by hired help with very little owner supervision. The Owner has other businesses and had no desire or the time to run a restaurant but has found himself owning one. Because of the lack of management the Owner has over staffed the restaurant where an owner operator can streamline the operation and send more dollars to the bottom line.

This also leaves a Very Big UPSIDE for someone with the experience and the love of the business to come in and see growth from day one. It has a good staff of employees that just need direction, some accountability and motivation.

This is a Franchise so Buyer will need to satisfy the franchise requirements as well as being a highly desired location the landlord will be looking for a financially solid buyer. Buyers will need to show credit worthiness and the experience needed to be pre-qualified before any financial information or the name and address can be revealed.

Franchise Offering states that to open a franchise would cost from $750,000 to over $1,900,000 plus you have MONTHS of getting building permits, construction, ABC License requirements, ETC to deal with, but because the Seller is wanting a fast deal he has priced this business below market price SO what he sees as his burden is Your Blessing!

To get started sign the online NDA by clicking on the listing ad and then contact me so I can get you what is needed to get pre-qualified and lets see if this is not the business opportunity you have been looking for.

We believe that this business will qualify for SBA Financing if Buyer can satisfy the requirements of the loan.


DETAILED INFORMATION
Location
Studio City, CA
Inventory
Not Included in asking price
Employees
21
Franchise
This business is an established franchise
Report an Issue with this listing
Stuart Schlosser
logo-img
Stuart Schlosser