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Burger Restaurant For Sale - Hollywood, California

Ad/Listing Information
Contact Information
 
Status: Available
Location: Hollywood
County: Los Angeles
City: Hollywood
Contact Broker:  George Massalas
Primary Phone:  800-727-2100 X202
Alternate Phone:  None Given
DRE Number:  01852885
Email Address:  Email Advertiser
Date Started:  4/13/12
Date Last Revised:   5/15/12
BizBen Ad #:  176623
 
 
Financial Information Detailed Information
 
Price:      $99,000
Down:      $140,000
Revenue:      $145,000
Adj. Net:      $72,000
Relocatable:      No
Home Based:      No
Real Estate Included:      No
Bkr To Bkr Coop:      Yes
Franchise:      No
For Sale By Owner:      No
Asset Sale:      No
Lifestyle:      No

Description Of This Hollywood Burger Restaurant Business For Sale:

Well established for 30 years, this fast food hamburger restaurant is located directly across from a very large school. It is a turn-key operation. No competition in the area. Specializing in items such as Burgers, Breakfast, Sandwiches, Hot Dogs, Salads and much more. Consistent daily sales of 800 - 900. Open 6 days with very busy lunch hour and delivery orders.

Very clean build out restaurant. Free Standing building on main street. Facility is about 1,000 sq. feet. Total monthly rent about 2,250 with 5 years remaining on the lease. Full kitchen includes a large hood and grill. All furniture fixtures and equipments are included in this sale. Inside seating for 12 along with additional outdoor seating. Ample parking for customers.

Business is very profitable and ready for new owner to take over and make money instantly. Still has many opportunities to expand and grow. New owner can increase sales by extending operation hours or making changes to the menu. Very good location with 2 schools within the same block. It's also surrounded by plenty of residential units in 1 miles radius. Has a lot of exposure with its good signage and high visibility.

Seller will train new owner to assure a smooth transition.

Location: Joint to North Hollywood, CA
Asking Price: 140,000
Annual Gross: 145,000
Annual Net: 72,000
FF&E: Approx. 30,000
Inventory: Unknown
Year Established: 1980
Employees: 1

Reason For Sale: Retirement.


Call George Massalas (Broker) at 800-727-2100 X202  (Please Mention You Saw This Ad On BizBen) About This Burger Restaurant Business Opportunity For Sale in Hollywood.


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