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For Sale: Fast Food Franchise Restaurants - 2 Units - Antelope Valley, California

$2,390,000.00

Asking Price

  • Address: Lancaster, 93534.

Antelope Valley Fast Food Franchise Restaurants - 2 Units Business For Sale
Fast Food Franchise Restaurants - 2 Units Company For Sale
Antelope Valley Fast Food Franchise Restaurants - 2 Units Companies For Sale
Buy, Sell A Fast Food Franchise Restaurants - 2 Units Business
Selling A Antelope Valley Fast Food Franchise Restaurants - 2 Units
Fast Food Franchise Restaurants - 2 Units Business Opportunity

Description

These two Wienerschnitzel / Tastee Freez Franchise Restaurants are for sale as a package for $710,000. Each restaurant includes both drive-thru and inside dining. The restaurants have been operating for 24 and 18 years respectively. The two Buildings are listed separately for $1,680,000. The Buildings were appraised as recently as May 2024. The buildings are situated on leased land, and the sales price does not include the land. The two Businesses and two Buildings must close escrow concurrently.

The Total Listing price for (2) Restaurants and (2) Buildings is $2,390,000. The only reason for selling is retirement, and the Seller is willing to carry a note at 6% with $800,000 down. The current owner works about 10 hours per week, with an annual net profit (ANP) of $236,000. Currently the restaurants do not accept EBT, getting EBT alone will increase the gross revenue substantially.

To get more information about this Fast Food Franchise Restaurants - 2 Units business for sale in Antelope Valley please phone Howard Charles Harri (Agent - BRE License #:995639) at 661-492-3801 and 661-945-1175 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #287179 on BizBen.com. In addition to phoning Howard Charles Harri, make sure you email Howard Charles Harri above to get more info about this Fast Food Franchise Restaurants - 2 Units, to ask any questions or request an appointment to see this business for sale. Thank you. License # 995639. HCH & Associates Inc.

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Contact

  1. Name: Howard Charles Harri
  2. phone iconPhone: 661-492-3801
  3. phone iconPhone: 661-945-1175

Details

  1. Asking Price: $2,390,000.00

  2. Down: $800,000.00

  3. Cash Flow: $236,000.00

  4. Revenue:    $2,296,440.00

  1. Area: Antelope Valley

  2. City: Lancaster

  1. Attributes:

    Broker CooperationSemi-Absentee RunOwner/Seller FinancingExisting Franchise

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Related Links & Information Regarding This Posting

Email Howard Charles Harri Below About This Posting


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