Selling Restaurant
See More
About Us
Contact Us
Search Selling Restaurants Listings
#4134
Goodyear
Glendale AZ

Profitable Absentee Operate Burger Business in West Valley

$129,999
Sold
Profitable Absentee Operate Burger Business in West Valley
This Listing is Sold

This great burger concept has operated for 18 months with consistently strong sales and now are over the $40,000 a month mark growing. The owner just added a liquor license and sales should show more growth as the word gets out.

The reason for success is simple...great product, clean restaurant, good prices and great service. Now you can take over this burger business and continue the success at a low price for a store generating good profit.

THE MONEY MAKER: Speaking of profit, using the profit for the past seven months, this store should earn about $100,000 working owner cash flow and about $65,000 Absentee operated cash flow this year. The Buyer needs to perform a thorough due diligence. The books and records appear to be clean as the operator is meticulous about his books. 

KITCHEN: The store is in great condition with a nice kitchen that can be viewed from the dining area, giving the customers confidence that the product is being handled well. 

VIDEO: We have a video of this business.  Just go to SellingRestaurants . com and search for listing 4134 and select the red button “More Photos.” Go through the process and you’ll see the nice video.

EMPLOYEES: All the employees stay as well as the general manager, but that’s up to whether you want them or whether they want to stay. But they’re all trained!

LEASE: Lease has 2 years left plus a 5-year option. The total rent including NNN/CAM is about $3,850 per month. Sq. Ft. is 1,800 inside plus a small outside patio area in front of the restaurant.

UPGRADES: Owner has made many upgrades to the restaurant including a new A/C unit

Take a look at this burger business by selecting the red button to the left title “want name and address” or going to SellingRestaurants . com

This is a Paramount Restaurant Brokers, Inc. DBA SellingRestaurants.com listing.
Broker Mel Jones DRE License #CA00893362 and AZ BR634507000

Lease

Region:
Goodyear
Glendale AZ
Lease Term:
Expires August 31, 2016 + 1 5 Option
Total Monthly Rent:
$3,850
Security Deposit:
$2,850

Financials

Last Year's Annual Gross:
$483,070
Last Year's Owner's Cash Flow:
$97,829

Operations

Liquor License:
12
# of Full-Time Employees:
1
# of Part-Time Employees:
9
Year Established:
2013
Hood System Type 1:
Yes

Facilities

Indoor Seating:
52
Outdoor Seating:
4
# of Parking Spots:
50
Inside Sq. Ft.:
1800
Outside Sq. Ft.:
50

Highlights

  • Easy to Operate Business Model
  • General Manage in Place
  • Absentee Cash Flow is about $6,700 a month
  • Alcohol License Just Put Into Store! Sales Will Increase!
  • Great Center with Lots of Growth in Area
  • Good Demographics for Year Round Business

Financing

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

Demographics

Population 3-mi. 5-mi
2014 Total Population 51,057 93,140
Households 3-mi. 5-mi
2010 Number Of Households 13,341 24,759
2010 Persons Per Household 3.07 3.25
Median House Value $153,300 $132,179
Income Per Household $67,132 $56,768
Businesses 3-mi. 5-mi
2009 Number Of Businesses 631 1,064
2012 Number Of Employees 28,148 43,702
2012 Total Annual Payroll $428,792,000 $680,961,000

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, forward 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.


Terms Of Use     © 2019 Powered by BBMT Inc.