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#567
Los Angeles Restaurants For Sale

Mall-Based Nachos and Corn Dogs Franchise

$120,000
Mall-Based Nachos and Corn Dogs Franchise
This Listing is Expired
This quick-service Mexican franchise is located in a high-traffic mall in a densely populated city in the South Bay area of Los Angeles. This is a high-margin operation with steady revenue resulting from mall traffic. The restaurant is approximately 675 square feet with 10 seats and abundant parking. Gross rent including triple nets is currently approximately $7,650 per month. The Seller reports the average monthly sales to be approximately $27,500 which can be verified through financial reports. The Seller wants to pursue a different career. Great opportunity for a family operation. Take the next step and complete the online confidentiality agreement and you�ll be provided with the restaurant name and address. Also you will given priority notification to new listings in the future, prior to the general public, giving you the best chance to �scoop in� the best opportunities. There are also more photos available to our registered buyers.
Partner Bruce Nussbaum

Lease

Region:
Los Angeles Restaurants For Sale
Lease Term:
Call Agent
Total Monthly Rent:
$5,850

Financials

Last Year's Annual Gross:
$330,000
Last Year's Owner's Cash Flow:
$60,000
Last Year's Rent %:
26%

Operations

# of Full-Time Employees:
2
# of Part-Time Employees:
3
# of Family Employees:
1
Hours Open:
M-F 10:00 - 9:00
Sa 10:00 - 8:00
Su 11:00 - 7:00
Year Established:
1996
Hood System Type 1:
Yes

Facilities

Outdoor Seating:
10
Inside Sq. Ft.:
675

Highlights

  • Quick-Service Mexican Franchise in High-Traffic Mall
  • High Margin Operation with Steady Revenue
  • Great Opportunity for a Family Operation
  • Nearly $350,000 in Annual Sales
  • 675 Sq. Ft. in a mall.
  • End-cap unit
  • Next to Main Entrance

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
Yes
Seller Carryback of Purchase Price:
20%

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 44,946 237,410 505,394
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 17,183 90,536 185,123
2010 Persons Per Household 2.55 2.54 2.65
Median House Value $628,700 $650,457 $620,886
Income Per Household $76,082 $81,544 $80,827
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,924 8,447 16,725
2012 Number Of Employees 55,392 201,636 422,270
2012 Total Annual Payroll $1,268,808,000 $4,294,967,295 $4,294,967,295

click for more demographic info

Disclaimer

DISCLAIMER: The User (that's you reading this) of this Website understands that Stone Path Brokerage Services, 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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