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#4877
Pasadena - Covina - San Gabriel Valley

BURGERS LIKE NO OTHER with Beer and Wine in High Traffic Area

$89,000
Sold
BURGERS LIKE NO OTHER with Beer and Wine in High Traffic Area
This Listing is Sold

GREAT FAMILY RUN BUSINESS OPPORTUNITY!!!!

This is not your everyday Burger Joint, Owner has made a very customer driven concept where the guest chooses what kind of Patty they want (and how many), choose their Bun, Cheese, the toppings, sauces (all house made) and You get Your Perfect Burger. With Choices from Angus Beef, Salmon Patty, Veggie Patty or Chicken for the protein selections they"ve got everyone covered here. You can even have your burger topped with an egg....hummmm customers say its great!!

Owners have developed an easy operation requiring a small staff to run the daily operation as Labor Costs are on an uphill rise in California, yet have the variety guests desire. There is a Beer and Wine license to help the dinner business. 

Then on top of this the owner has gone techie and has hit the internet in a big way with their own personal ap that is downloaded to a smart phone allowing customers to preorder their favorite Burger and either come by and pick it up or receive it delivered in the local market area. They also have a website and state of the art POS system tracking your sales and giving many varied reports to help understand the business and grow and track results.

The RENT is only $2,850 TOTAL for approx 1700 sq ft and is FIXED for full term (through August of 2019, then 2 - 5 year options with a not to exceed 15% increase).

Husband and Wife own two restaurants.  The wife runs this restaurant.  But due to having a young child, the wife closes the business before the dinner hour in order to be home for their child. 

This business has only been opened in March 2016 so is in its infancy right now. Yelp reviews are great and business is growing weekly. 

So what you are getting is a fully operating restaurant, with recipes, Great Lease, all the tech items, furniture (mostly reclaimed woods) and equipment (only 3 years old).

So come in and add the dinner hours, promote the beer and wine offerings, the nice patio area, the healthier menu choices with great taste and you will just see this place take off and thrive.

Of course if you feel you have a great concept you could easily convert this place to something of your choosing because with a rent like this the bottom line is easy to hit. Also the layout of restaurant would lend itself to an easy conversion. as well.

To Get name, address and view the many pictures just go to the tab "Sign NDA" or go to SellingRestaurants.com and search for listing 4877. 

This is a a Paramount Restaurant Brokers, Inc. listing.
Restaurant Broker Stuart Schlosser DRE License #01809021

Lease

Region:
Pasadena - Covina - San Gabriel Valley
Lease Term:
Aug 31 2017 + 2 - 5 year options
Total Monthly Rent:
$2,850
Security Deposit:
$2,850

Operations

Liquor License:
41
# of Full-Time Employees:
2
# of Part-Time Employees:
1
# of Working Owners:
1
Hours Open:
Mon - Fri 12PM-4PM
Sat & Sun 12PM-8PM
Hood System Type 1:
Yes

Facilities

# of Parking Spots:
street
Inside Sq. Ft.:
1700 approx
Outside Sq. Ft.:
100

Highlights

  • LOW FIXED RENT
  • Growing Concept
  • Nice Patio
  • Beer and Wine License

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No
This Listing is Sold

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 44,651 240,615 478,897
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 12,751 58,982 121,566
2010 Persons Per Household 3.49 4.07 3.85
Median House Value $363,800 $311,166 $330,402
Income Per Household $66,402 $58,997 $58,193
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 891 3,592 7,380
2012 Number Of Employees 32,506 128,306 247,114
2012 Total Annual Payroll $499,644,000 $2,542,174,000 $4,294,967,295

click for more demographic info

Disclaimer

Notice: The User (that's you reading this) of this Website understands that Paramount Restaurant Brokers, Inc. ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it.  In some cases, foreward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User.


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