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#4349
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Low Rent On Busy Street - Great Opportunity

$60,000
Low Rent On Busy Street - Great Opportunity
This Listing is Expired

HUGE PRICE DROP ON THIS BURGER RESTAURANT

 

Get ready for a great opportunity! This burger restaurant has great visibility from a very busy, main street. Owner's have other business interests and realize they don't have time to run a restaurant. Currently family members operating restaurant on a part time basis - absentee owners. Only been open for 8 month! Owner's loss is your gain! Continue the same concept or bring your own. With rent so low, this restaurant allows for a great opportunity to expand the business into a local hotspot.

This has all the equipment needed for a quick serve breakfast, lunch and dinner restaurant. Equipment is no more than 6 months old. Kitchen comes fully equipped with a substantial type 1 hood, grill, fryer, etc. Owners are open 8am to 8pm and close at 10pm on Friday and Saturday and serve breakfast, lunch and dinner while specializing in their famous burgers.

High school, middle school and elementary school within a 3 mile radius.

Restaurant is 1,200 SQFT with rent at $1,200/month - NO NNN. Rent increases $50 annually. This rent opportunity does not come around often! 

Lease continues until 2020 with an available 10 year option

Please go to SellingRestaurants.com to get the name and locaiton of this restaurant. 

This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:
Pasadena Restaurants For Sale
San Bernardino Restaurants For Sale
Riverside Restaurants For Sale
Santa Monica Restaurants For Sale
Long Beach Restaurants For Sale
Los Angeles Restaurants For Sale
Lease Term:
Expires 4/30/20 + 10 year option
Total Monthly Rent:
$1,200
Security Deposit:
$1,000

Operations

# of Full-Time Employees:
2
# of Part-Time Employees:
2
# of Family Employees:
3
# of Working Owners:
1
Hours Open:
8am-8pm Mon - Th & Sun

8am-10pm Fri - Sat
Year Established:
2015
Hood System Type 1:
Yes

Facilities

Indoor Seating:
22
# of Parking Spots:
25
Inside Sq. Ft.:
1,200

Highlights

  • Low Rent - Great Opportunity
  • Low Rent w/ 10 year option
  • HUGE PRICE DROP ON BURGER RESTAURANT
  • Burger Joint - Low Rent - Busy Street
  • Burger Joint Near Busy Shopping Center
  • Local Diner With Low Rent
  • Owner Selling After 3 Months
  • Local Diner - Busy Street - Great Location
  • Busy Street - Super Low Rent
  • Burger Restaurant Near School
  • Bring Your Own Concept To Busy Street Location
  • Fast Casual Burger Restaurant Near Schools

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 49,898 119,917 345,619
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 13,691 35,009 102,574
2010 Persons Per Household 3.47 3.26 3.23
Median House Value $253,800 $346,865 $342,988
Income Per Household $49,881 $62,976 $61,199
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 769 2,486 7,412
2012 Number Of Employees 23,846 78,038 220,906
2012 Total Annual Payroll $563,082,000 $1,460,010,000 $4,294,967,295

click for more demographic info

Disclaimer

Notice: The User (that's you reading this) of this Website understands that STONE PATH BROKERAGE SERVICES CORPORATION ("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. DRE License # 01339409.

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