Description About This Posting: Gourmet Burger Franchise
This recognizable Gourmet Burger Restaurant offers a full-service casual dining experience and is located in a high-profile shopping center in Orange County. The brand has strong recognition and social foodies love the concept. The franchise has over 100 stores and the locations are all strategically positioned in areas with strong demographics. There is a 47 (full liquor) license included with the business.
Lease: The lease is good through October 2022. There is not currently an option but the restaurant has been operating at the location since 2007. The landlord has very strict qualifying guidelines and Buyers must also have strong financials, good credit, and restaurant experience.
Income/Cash flow: The Sales and Cash flow are based on 2017. Sales through June 2018 were $752, 024 and sales in Q 3 & Q 4 historically increase by 5-10 %. The cash flow/SDE could possibly increase with a full time owner operator.
SBA: The Business may qualify for 3rd party financing based on a Buyer having strong financials, good credit, and previous restaurant ownership experience.
Additional location: The Seller is offering 1 other Orange County franchised store. The store can be purchased separately or part of a 2 store package. For more information on the two store package, refer to GBS # 391 and inquire within. Both stores are in high profile shopping centers in Orange County and strategically positioned in areas with strong demographics.
* The savings to acquire both stores would be $50,000
Facilities: The store is 2,800 sq. ft. and has excellent visibility and close to the major freeways.
Growth and Expansion: This franchise has drawn great reviews from its customers. This is a proven and recognizable brand that continues to get more exposure and there is strong franchise support.
Support/Training: Franchise training is available.
Reason Selling: The partners have decided to pursue other opportunities and one partner lives a far distance.
Year Established: 2007
To get more information about this Gourmet Burger Franchise business for sale in
Orange County please phone Gregg Tobin (Agent - BRE License #:01365233) at 949-546-0903 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #245197 on BizBen.com. In addition to phoning
Gregg Tobin, make sure you email Gregg Tobin above to get more info about this
Gourmet Burger Franchise, to ask any questions or request an appointment to see this
business for sale, franchise, or opportunity. Thank you.
Related Links And Information Regarding This Posting
For over 25 years I have provided niche business purchase financial advisory and loan placement services with SBA and Non-SBA Loans, Retirement Plan Conversions, Private Investors, etc. Financing amounts available: $20K to $7MM. Call today to get pre-qualified or receive financing: 866-270-6278.
Liquor license brokerage and consulting services. We provide: Alcohol License Transfers Application Consulting & Processing, Liquor License Purchases & Sales, City Zoning Permits & Land Use Entitlements, Public Convenience or Necessity Findings and Letters. Phone Mike Brewer direct at 800-437-1100.
New Century Escrow, Inc. is a fully licensed & bonded independent escrow company. Over 20 years combined experience in handling bulk escrow transactions. Multi-lingual staff that speaks your language, including Korean, Chinese, Vietnamese. Call Helen Yoo direct at 626-890-1151.
Willard Michlin, CPA #106752, offers buyers step by step training & assistance in doing Due Diligence Services when they are thinking of making an offer, or are in process of investigating a business purchase. He helps to determine the actual net profit even when there is cash. Call 805-428-2063.
JRG Communications is a marketing communications company assisting business brokers & agents. Services include: social media management, custom website creation & design, content creation services, optimizing and posting listings on business-for-sale websites, custom articles & blog post creation.
California Business Escrow, Inc. is a full service independent escrow company serving all of California and has expertise in a wide range of escrows. Our team prides itself on providing an exceptional escrow experience. For more info phone Diane Boudreau-Tschetter at 888-383-3331 or 209-838-1100.
Related Articles, Events, Blog Posts, Discussions, Videos, Interviews
As the year winds down, it's tempting for business brokers to go through their old files and throw them out to make room for new client’s folders, but that would be foolish. Joe Ranieri (Orange County Business broker) discusses strategies for saving files - a key annual strategy for brokers/agents.
What qualities should you look for in a escrow and bulk sale service when buying/selling a business? Orange County Business Broker Joe Ranieri at 714-292-5448 addresses these issues in a Discussion on BizBen. See what qualities matter when selecting a Escrow/Bulk Sales firm when buying or selling.
Should you accept that first offer when selling a business? Brokers and agents agree that the first 30 days are probably the most critical when selling a small business - but should you take that first offer? Joe Ranieri (Orange and LA County Business Broker) starts this great Discussion on BizBen.
Looking to buy a restaurant business? Check out these tips first to avoid getting blindsided when you buy any type of small or mid-sized California restaurant. Peter Siegel, MBA (BizBen's ProBuy & ProSell Programs & Restaurant Purchase Financing Expert) at 866-270-6278 covers this topic for buyers.
Joe Ranieri, (Orange County Business Broker) discusses how to convert restaurants: buy an existing inexpensive restaurant and then converting it to another concept. He discusses finding the right location, working with the landlord, notifying existing clients, and observing restaurant trends.
When should the training of the new buyer of the business actually begin? Before escrow, during escrow, or only after the keys of the business are handed over to the new owner of the business. Joe Ranieri (Orange County Business Broker - Restaurant Specialist at 714-292-5448) starts this Discussion.
Buying a restaurant (no matter what type) can have many pitfalls, and potential restaurant buyers should know how to avoid getting burned! Several restaurant intermediaries and advisors weigh in on this BizBen Discussion about the best way to find, purchase and run a restaurant successfully!
Joe Ranieri, long time Orange County Business Broker and restaurant specialist chats with Peter Siegel on the BizBen Podcast & Vlog about the nuances of buying and selling restaurants in the Orange County, California area. Joe gives listeners some great perspective on how to buy a restaurant.