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Los Gatos, Santa Clara County, California
Fast Food restaurant with Real Estate
Asking Price
$495,000
Revenue
$1,667,425
Down
$100,000
Cash Flow
$274,202
Description
Real estate for sale separately for $1.59M. This iconic quick serve restaurant has been established over 40 years! The stand-alone building is less than 1,000 sq.ft and is located on a high traffic corner in an upscale south bay city. Despite its size and being run mostly absentee, the business consistently generates over $1.6 Million in annual sales.
PRODUCTS / CUSTOMERS
A very simple and limited menu of hamburgers, fries, hot dogs, sandwiches, salads, and soft drinks. The majority of customers are local residents and people working in the area. Long time residents have been going here for over 40 years and now their children and grandchildren are customers.
POTENTIAL
The Owner has never worked inside the restaurant, only spends 8-10 hrs week with paperwork & hiring. The profit potential for an experienced full-time owner operator could be much higher than it currently produces to the absentee owner.
Business Details
Year Established:
1983
Employees:
12
Reason for sale:
Retirement
Support & Training:
Full training, as much as needed.
Property Information
Size in Square Feet:
800 sqft
Lease Terms:
N/A - Property sold with the business.
Premises Details:
High traffic corner location. Stand-alone building with private parking lot
Lease & Tenant Information
Lease Options:
$8,000
Posting Information
Posting ID:
3878909
Business Category:
Restaurants & Food
Business Types:
Fast Food, Quick Service Restaurant
American Restaurant
Attributes:
Financial Assistance
Real Estate Available
SBA Loan Pre-Qualified
Semi Absentee Run
Training And Support
Send NDA Request
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Posting Title
Fast Food restaurant with Real Estate
Posting ID
#3878909
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Agent, Broker or Seller Contact
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