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#5508
Los Angeles

One of family owned burger chain restaurant for sale in South Bay

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One of family owned burger chain restaurant for sale in South Bay
This Listing is Expired

Nestled in the heart of the South Bay features a family owned burger chain restaurant , seafood restaurant, and juice bar. Properties are stand-alone and drive-thru compatible. Long lease terms and low rental rates. Restaurants can either be absentee run or owner-user. Buyer can purchase restaurants in one package or individual. Please contact listing agent for more information.

This is a EXP Commercial of California, Inc listing.
Business brokering-Industrial-Retail-Leases Tommy Tran DRE License #01439113

Lease

Region:
Los Angeles
Lease Term:
30 year lease
Total Monthly Rent:
$12,000

Financials

Last Year's Annual Gross:
$1,200,000

Operations

Liquor License:
call
Hours Open:
call
Year Established:
call
Hood System Type 1:
Yes

Facilities

Indoor Seating:
60
# of Parking Spots:
call
Inside Sq. Ft.:
2,100
Outside Sq. Ft.:
300

Highlights

  • all 10 restaurants for sale
  • can convert

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 44,635 191,343 562,045
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 14,610 68,991 189,315
2010 Persons Per Household 2.94 2.70 2.89
Median House Value $505,900 $538,628 $497,228
Income Per Household $55,138 $66,822 $68,278
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,715 7,176 15,429
2012 Number Of Employees 50,744 217,926 450,202
2012 Total Annual Payroll $1,625,659,000 $4,294,967,295 $4,294,967,295

click for more demographic info

Disclaimer

This information has been secured from sources we believe to be reliable but we make no representations, warranties, express or implied, as to the accuracy of the information. Listing broker has been given enough information to provide only a preliminary interest in the property. The materials are not to be considered fact. The information contained herein is not a substitute for thorough due diligence investigation. References to square footage, zoning, use, or age are approximate. Any renderings should be considered conceptual in nature and such renderings do not represent the current condition or what can or may be done to the property. Neither broker or landlord represent that this space is suitable for your use. Tenant or Buyer must verify the information at their own expense and bears all the risk for any inaccuracies.


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