$699,000.00
Asking Price
Address: Cypress, 90630.
Status: Active
Posting ID: 281891
8/1/23
Description
This franchise family restaurant has been owned and operated by the same franchisee for over 40 years who wishes to retire and pass on the torch to the next operator. This store has already been remodeled and it is up to date to the current franchise's standard. The concept has a salad bar, a variety of freshly cut steaks, lobster, and seafood all served in a very fun and friendly atmosphere. There is a beer & wine menu for those patrons looking for an enhanced dining experience. This store is located in a very affluent neighborhood with an income average of well over $100k a year and a median home price of over $1.4m.
This store performs really well with an average monthly sales of $175k and very low rent of $11000 a month or a factor of 6%. The owner spends limited hours at the store and the long-running staff front and back of the house are quite capable of operating the store. A lot of the key employees have been working here for decades and are very loyal to the business and the guests. LEASE BUILDING INFO. Monthly Rent: $11000 Square ft: 4400 Expiration: 2027 Patron capacity: 100+ Options: Buyer to qualify Patio: MO Deposit: Buyer to qualify Hours of Operation: 11-9 P.M. OPERATIONS FINANCIALS Years established: 1980 Monthly sales: $175K No. of employees 16+ Monthly cash flow: $17k+ Monthly payroll: $48k Annual Sales: $2M+ Absentee run: no Annual Revenue: $200k+ (approx.) 2023 MONTHLY FINANCIAL ANALYSIS (Projection) Sales: $175k Rent:$11k Payroll: $48k C.O.G.: 48K Royalty: $14k Misc: $37k (Uncontrollable of utilities, credit card processing, maintenance) Net Potential income: $17k monthly or $200k a year
To get more information about this Franchise Family Restaurant business for sale in Orange County please phone Steve Torabi (Intermediary, Broker - BRE License #:02022773) at 949-427-0414 Cell and 949-424-6065 Office - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #281891 on BizBen.com. In addition to phoning Steve Torabi, make sure you email Steve Torabi above to get more info about this Franchise Family Restaurant, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01113651. Pacific Reliance Business Brokers.
Contact
Details
Asking Price: $699,000.00
Down: Call/Email
Cash Flow: $200,000.00
Revenue: $2,000,000.00
Area: Orange County
City: Cypress
Attributes:
My Notes About This Listing
Cash flow
Call/Email
Revenue
Call/Email
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Call/Email
Posting: 283972 | Available | 4/24/24
City Center Realty Group is pleased to present a lucrative car wash for sale in the Sacramento, CA area. This turn-key operation features brand-new machinery and equipment, situated in a prime, high-traffic location with an estimated 65,000 cars passing by daily.
Asking Price
$2,399,000
Cash flow
Call/Email
Revenue
Call/Email
Down
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Posting: 285746 | Available | 4/26/24
A dog grooming shop, established in 1968 with the same owner, is located in an upscale neighborhood with a lot of foot traffic and Mountain View. This fully remodeled salon offers full-service grooming for dogs and cats. The shop spans 1,250 sq ft.
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Cash flow
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Revenue
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Down
Call / Email
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Cash flow
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Revenue
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Down
$1,500,000
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Cash flow
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Revenue
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Down
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Cash flow
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Revenue
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Down
$760,000
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Cash flow
$219,950
Revenue
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Down
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Cash flow
$60,000
Revenue
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Down
$250,000
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Asking Price
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Cash flow
Call/Email
Revenue
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Down
Call/Email
Posting: 286054 | Available | 4/22/24
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Asking Price
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Cash flow
$360,663
Revenue
$450,798
Down
$105,000
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Asking Price
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Cash flow
Call/Email
Revenue
Call/Email
Down
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Asking Price
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Cash flow
Call/Email
Revenue
$4,500,000
Down
Call/Email
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Asking Price
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Cash flow
$74,842
Revenue
$142,544
Down
$125,000
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Asking Price
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Cash flow
$200,524
Revenue
$1,314,394
Down
$285,000
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Asking Price
$285,000
Cash flow
$225,886
Revenue
$541,975
Down
$725,000
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Asking Price
$725,000
Cash flow
$174,802
Revenue
$759,686
Down
$300,000
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Asking Price
$300,000
Cash flow
$180,000
Revenue
$550
Down
Call/Email
Posting: 274482 | Available | 4/21/24
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Asking Price
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Cash flow
$175,000
Revenue
$525,000
Down
$300,000
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Total Investment
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Min Liquid Cash
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Net Worth
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Posting: 284068 | Available | 4/24/24
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Franchise Fee
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Cash flow
$851,672
Revenue
$3,430,536
Down
Call/Email
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Cash flow
$400,000
Revenue
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Down
Call/Email
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Cash flow
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Revenue
Call/Email
Down
Call/Email
Posting: 285062 | Available | 4/26/24
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Asking Price
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Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285604 | Available | 4/22/24
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Cash flow
N/A
Revenue
N/A
Down
N/A
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Cash flow
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Revenue
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Down
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Cash flow
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Revenue
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Down
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Cash flow
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Revenue
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Down
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Cash flow
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Revenue
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Down
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