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#4201
Pasadena Restaurants For Sale
San Fernando Valley Restaurants For Sale

GREAT GLENDALE LOCATION-BURGER-Fries and Shakes

$109,000
GREAT GLENDALE LOCATION-BURGER-Fries and Shakes
This Listing is Expired

When they say "Location, Location, Location" this place pops right out as one of the best! It is located in Glendale only a block off the freeway and surrounded by Professional Offices and sitting next to a major bakery.  The traffic count is very high here, both in cars as well as foot traffic. 

Owner has managed to build a beautiful restaurant with a very functional kitchen in ONLY 733 Sq Ft of space, keeping rent down, yet profiting off the areas dense population.

Lots of foot traffic is generated because of the number of restaurants and bakeries in the center that generate lots of foot traffic. This restaurant hits one in the face as they drive into the center...can't miss it!  This concept uses fresh ingredients and offers many House Specialty Burgers,  keeping the regulars returning.

To get Name, Address and Pictures Go To The "SIGN NDA" button on SellingRestaurants dot com!

Owners both have other businesses to attend and feel they are not able to give this business their focused attention to grow it any further BUT a family coming in will have the foundation to built a great burger concept. 

With a Total RENT of ONLY $2,250 in GLENDALE -  Sales between $20,500 to $25,000+ per month -  Owners state net income of $6K month average (Buyer must Verify Profits).  Many nice upgrades were used in the construction of this restaurant including Glass tile floors, Granite Counters, Built in Music System and more.

New owner could add Breakfast as there are not many options in the immediate area if you want to increase sales and build another day part with little more expense.

This is a Stone Path Brokerage Services Inc listing.
Restaurant Broker Stuart Schlosser DRE License #01809021

Lease

Region:
Pasadena Restaurants For Sale
San Fernando Valley Restaurants For Sale
Lease Term:
May 2013 + 5 yr option
Total Monthly Rent:
$2,242
Security Deposit:
$4,398

Operations

# of Full-Time Employees:
1
# of Part-Time Employees:
2
# of Working Owners:
2
Hours Open:
10A - 9P Mon - Sat
11A - 8P Sunday
Year Established:
2012
Hood System Type 1:
Yes

Facilities

Indoor Seating:
16
Outdoor Seating:
4
# of Parking Spots:
lots
Inside Sq. Ft.:
733
Outside Sq. Ft.:
15

Highlights

  • LOCATION! LOCATION! LOCATION!!!!
  • Low Rent! $2250 Total
  • Lots of Parking!
  • 4 1/2 Star YELP reviews!!!
  • Surrounded by Professional Offices
  • Busy Street and Shopping Center
  • Add Breakfast to increase business
  • Loyal Customers

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 15,297 255,461 478,909
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 5,222 98,808 182,476
2010 Persons Per Household 2.59 2.47 2.51
Median House Value $360,575 $611,746 $595,711
Income Per Household $44,702 $54,457 $55,959
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,408 7,559 13,428
2012 Number Of Employees 47,922 205,790 343,964
2012 Total Annual Payroll $1,391,605,000 $4,294,967,295 $4,294,967,295

click for more demographic info

Disclaimer

Notice: 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 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.


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