Los Angeles Restaurants For Sale
Popular Franchise - Full Service Restaurant
This Franchise Full-Service Restaurant is located on a busy street in the city of Long Beach. This well known franchise was established over 20 years ago and has been in this location for 13 years. There is 1350 sq. ft. inside with seating for 37 and seating for an additional 36 on the outside patio. There is a private parking lot attached to the center for easy access to parking. Rent & CAM charges are $4,714 per month and the are 2 yrs and 10 months left on the lease and a 5 year option. 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 and Pie Oven. The Seller is relocating out of the area. Experienced operators only. Select any of the bright orange buttons below to get more information about this listing including the name and address from the broker.
Broker of Record Rob Tade DRE License #01339409
Lease
Financials
Operations
F-Sun-9:00am-11:00pm
Facilities
Highlights
- Franchise Full-Service Restaurant is located in Long Beach.
- This is a well known franchise has been in this location for 13 years.
- There is 1350 sq. ft. inside with seating for 37 and seating for 36 on the patio.
- Rent & CAM charges are $4,714 per month and the are 2 yrs and 10 months left on the lease with a 5 year option.
- The Seller reports the monthly sales to be $48000.
- Adjusted net income of $120,685 in 2006
- FF&Es include Hood, Walk-in Refrigerator, Walk-in Freezer,
- 6-Gas Burner Grill, 2-Basket Fryer, Ice Maker,
- Multi-Purpose Slicer and Pie Oven.
- The Seller is relocating out of the area.
- Experienced operators only.
Financing
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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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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