South Bay Franchise Full-Service Restaurant With Beer & Wine

Selling Restaurants presents this very Popular Full-Service Franchise Restaurant located on a Very Busy street in the city of Long Beach. If you feel like the economy is down, restaurants are for sale everywhere, and all your looking for is a business that creates $100,000+ annual cash flow, then look no further. This restaurant defies the recession with consistent owner annual cash flow of $100,000+ for the past 3 years. This well known franchise was established over 20 years ago and this location opened 15 years ago. The restaurant features 1350 sq. ft. inside with seating for 37 and additional seating for 36 on the outside patio. The restaurant operates with a Beer & Wine license. There is a private parking lot attached to the center for easy access to parking. Rent & CAM charges are $4,714 per month with 2 yrs and 10 months left on the lease plus one 5 year option. If you desire more time on the lease then make your offer subject to a new lease agreement. The Seller reports the monthly sales to be $48,000, and an adjusted net income of $120,685 in 2006, which can be verified through Tax Returns. FF&Es include Hood, Walk-in Refrigerator, Walk-in Freezer, 6-Gas Burner Grill, 2-Basket Fryer, Ice Maker, Multi-Purpose Slicer Pie Oven, and so much more. The Seller is relocating out of the area. Be one of the first to visit this restaurant today. Take the next step and go to sellingrestaurants and select one of the bright orange buttons below the listing. Then select the "New registration" Button. When you register for FREE, you get the name and address right on-line - no paper or faxes - you'll also get priority notification of our new listings in the future, prior to the general public, giving you the best chance to �scoop in� the best opportunities. There are also more photos available to our registered buyers.

Demographics

Population	1-mi.	3-mi.	5-mi
2014 Total Population	43,286	106,510	409,561
Households	1-mi.	3-mi.	5-mi
2010 Number Of Households	19,853	36,280	139,012
2010 Persons Per Household	1.93	2.64	2.78
Median House Value	$274,300	$284,200	$400,122
Income Per Household	$43,404	$37,937	$48,453
Businesses	1-mi.	3-mi.	5-mi
2009 Number Of Businesses	1,164	1,965	7,289
2012 Number Of Employees	72,118	95,690	264,970
2012 Total Annual Payroll	$2,278,922,000	$2,821,488,000	$4,294,967,295

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