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Alameda County, California
Fast Food Hamburger National Franchise ** Real Estate Included
Asking Price
Call/Email
Revenue
$564,802
Down
$200,000
Cash Flow
$218,000
Description
Nestled in the bustling heart of Alameda County, California, sits an incredible investment opportunity that's been serving up delicious hamburgers and ice cream for over 60 years. This national-level franchise restaurant has a proven track record of consistent success, boasting a fantastic annual revenue of $587,000 and a substantial cash flow of $218,000.
The asking price for this gem is $1.8 million, a worthy investment considering the longevity and profitability of the business. A notable selling point is that there is no franchise fee attached to the sale, a rarity that adds significant value to the deal. The current owner, who has successfully run the restaurant for 25 years, is seeking retirement, opening the door for a new proprietor to continue the legacy of this beloved eatery.
Operations are straightforward, with a small team of 3 part-time employees assisting in the daily flow of the business. The restaurant is strategically located in an industrial area, catering to a large number of employees during meal times and also attracting loyal residential customers. The premises include a standalone 1,179 sq. ft building situated on an expansive 11,650 sq. ft lot.
New owners can take comfort in knowing that comprehensive training will be provided for at least three weeks during or after the close of escrow, ensuring a smooth transition. The lease terms offer a 5+5 scenario in case of business-only purchase for $700,000.
Don't miss out on this rare opportunity to own
Business Details
Employees:
3
Reason for sale:
Retire after spending 25 years of youthful life
Support & Training:
Full training will be provided for at least three weekes during/after the closing of escrow
Property Information
Size in Square Feet:
1,179 sqft
Lease Terms:
5+5 in case of business only for 700,000.-
Premises Details:
Stand alone building of abt 1180sf on huge 14000sf land
Investment Information
Investment Type:
Owner/User
Net Operating Income:
$217,000
CAP Rate:
12.00%
Price/Sqft:
$1,526/sqft
Price/SF (Land Value):
$154/sqft
Lease & Tenant Information
Posting Information
Posting ID:
282988
Business Category:
Restaurants & Food
Business Types:
Fast Food Franchise
Hamburger Restaurant
Keywords:
hamburger, national franchise, fast food, alameda county, san leandro, california
Attributes:
Existing Franchise
Real Estate Included
Training And Support
Attachments
Non-Disclosure Agreement
Interested in this business? Request to sign the NDA to receive exclusive information.
Send NDA Request
Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.
Posting Title
Fast Food Hamburger National Franchise ** Real Estate Included
Posting ID
#282988
Full Name (Required)
Email (Required)
Phone (Required)
NDA Signed Successfully!
Your NDA has been signed and submitted. The broker will review and countersign it. Once complete, you will receive access to confidential business details.
Agent, Broker or Seller Contact
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Alameda County, California
Fast Food Hamburger National Franchise ** Real Estate Included
Call/Email
CF : $ 218,000
*** SBA Loan Pre-approved by a leading lender! Nestled in the bustling heart of Alameda County, California, sits an incredible investment opportunity that's been serving up delicious hamburgers and ice cream for over 60 years. This national-level franchise restaurant has a proven track record of consistent success, boasting a fantastic annual revenue of $587,000 and a substantial cash flow of $218,000. The asking price for this gem is $1.8 million, a worthy investment considering the longevity and profitability of the business. A notable selling point is that there is no franchise fee attached to the sale, a rarity that adds significant value to the deal. The current owner, who has successfully run the restaurant for 25 years, is seeking retirement, opening the door for a new proprietor to continue the legacy of this beloved eatery. Operations are straightforward, with a small team of 3 part-time employees assisting in the daily flow of the business. The restaurant is strategically located in an industrial area, catering to a large number of employees during meal times and also attracting loyal residential customers. The premises include a standalone 1,179 sq. ft building situated on an expansive 11,650 sq. ft lot. New owners can take comfort in knowing that comprehensive training will be provided for at least three weeks during or after the close of escrow, ensuring a smooth transition. The lease terms offer a 5+5 scenario in case of business-only purchase for $700,000. Don't miss out on this rare opportunity to own
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