Established Large National Franchise offering breakfast, lunch & dinner seven days a week. Sales in excess of $1.2M for the last couple years. Facility was built from the ground up within the last five years and remains in great condition. Buyer needs to have one million net worth to qualify with franchise and must be trained by the corporate Franchisor. This is an absentee run store and a rare sale of this national brand. Rent is $15,253 a month. Rent is paid weekly at a rate of $3,520 per week. Lease has twenty years remaining. Buyer to assume Equipment Lease of $345,838. and assume Franchise Fee payments of $117,209.
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This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409
Lease
Region:
San Francisco East Bay Restaurants For Sale
Total Monthly Rent:
$15,253
Financials
Last Year's Annual Gross:
$1,213,945
Last Year's Food Cost %:
23.1
Last Year's Payroll Cost %:
35.9
Operations
# of Full-Time Employees:
14
# of Part-Time Employees:
21
Hours Open:
Sun-Wed 6am - Midnight
Thur - Sat 24 hrs
Highlights
- Busy Franchise in College Town
- Serving Breakfast, Lunch & Dinner
- Sales Exceed $1.2M
- Absentee Run Store
- Facility & Equipment Nearly New
- Great Opportunity
- Seats 165 Patrons
- 4022 Sq Ft
- Rent is $15253 Month Including CAM/NNN
- 20 Years Left on Lease
- Buyer Must Qualify & Train with Corporate
Financing
Will Seller Lend To Buyer:
No
Demographics
Population |
5-mi |
2014 Total Population |
44,794 |
Households |
5-mi |
2010 Number Of Households |
17,229 |
2010 Persons Per Household |
2.43 |
Median House Value |
$538,200 |
Income Per Household |
$44,741 |
Businesses |
5-mi |
2009 Number Of Businesses |
1,009 |
2012 Number Of Employees |
20,756 |
2012 Total Annual Payroll |
$338,433,000 |
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.