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#5783
Las Vegas Restaurants For Sale

1 Year Old Hamburger Franchise - Over $300,000 Spent

$40,000
Sold
1 Year Old Hamburger Franchise - Over $300,000 Spent
This Listing is Sold

This is a very well know hamburger franchise. This location was just opened over a 1 year ago. The owner spent over $300,000 in franchise fees, construction, furniture, fixtures and equipment, etc. All gross sales can be verified through the franchise POS system. Seller needs to move immediately due to a close family death and is letting this go for an unheard of price. The business is growing and is just above break even at this point. Ideal new buyer can come in and help with day to day operations and lower payroll cost to quickly get this location profitable. For more information including a detailed confidential opportunity summary with financial information and photos, please email the listing agent.  Listing #101-16202.

This is a Trent Lee, LLC listing.
Trent Lee DRE License #S.0183611

Lease

Region:
Las Vegas Restaurants For Sale
Lease Term:
Lease expires 01/2028 with 1 10 year option
Total Monthly Rent:
$4,491
Security Deposit:
$5,533

Financials

Last Year's Annual Gross:
$460,385

Operations

# of Part-Time Employees:
16
Year Established:
2018

Facilities

Inside Sq. Ft.:
1,996

Highlights

  • Hamburger Franchise
  • POS System
  • Great Build Out
  • Good Las Vegas Location

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 36,202 96,996 201,599
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 11,781 30,356 64,394
2010 Persons Per Household 2.64 2.86 2.78
Median House Value $197,200 $207,520 $195,110
Income Per Household $69,273 $76,315 $70,412
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 451 1,001 2,271
2012 Number Of Employees 10,920 19,392 47,866
2012 Total Annual Payroll $163,306,000 $272,000,000 $705,805,000

click for more demographic info

Disclaimer

DISCLAIMER: 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 addition to seeking professional advice from an attorney as well as a CPA.  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 (if included in the sale), 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. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings.  Any decision by User to purchase the Business shall be based solely on User's own investigation and the 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 and User should often review the listing on the website to keep up to date.

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