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For Sale: Burger Franchise - Since 1947, Long Lease Terms - Los Angeles County, California

$525,000.00

Asking Price

  • Status: Active

  • Posting ID: 280266

  • 2/26/24

Los Angeles County Burger Franchise - Since 1947, Long Lease Terms Business For Sale

Description

Located in Eagle Rock in a busy shopping center with major brand-name anchor stores and close freeway access, this food chain has thrived since 1947. Food critics have often voted it Best Hamburger in Los Angeles. Never frozen, all food is freshly prepared. This restaurant has become a familiar presence in Southern California and is expanding quickly to other territories, with over 180 locations in the United States.

A start-up investment for a new franchisee is typically $750,000+. This is a profitable turnkey operation. Corporate training and seller support means a smooth transition. They have excellent long-term lease terms. It is approved for SBA financing.

Equipment includes 12’ hood, 24” gas fryer, 24” char broiler, 48” Accu grill, 72” refrigerated drawer, ice cream cabinet, 72” work table, Norlake walk-in refrigerator, 1-door and 2-door freezers, Ansul fire system, Radiant POS system, full security/alarm system and much more.


Financial Information:

Monthly Revenue: $92,300 

Monthly Cash Flow: Contact for Info 

Annual Revenue: $1107358 

Annual Cash Flow: Contact for Info 

Monthly Payroll: $19,050


General Info:

Organization:  Corporation

Established: 2019

Current Owner: 2019 

Employees: 3 FT; 12 PT 

Reason For Sale: Other Interests

Monthly Rent: $10,640 

Expiration:  2030  plus  5 year option


Facilities:

Square Feet: 2,000 

Seating: 48 + 16 patio 

Parking: Public lot 

Licenses: Health permit 

Days/Hours of Operation: Mon-Sun 10:30 a.m. - 2 a.m. 


RRC#  4705

Location: Los Angeles County 

To get more information about this Burger Franchise - Since 1947, Long Lease Terms business for sale in Los Angeles County please phone Steve Zimmerman (Intermediary, Broker - BRE License #:01310250) at 888-995-9701 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #280266 on BizBen.com. In addition to phoning Steve Zimmerman, make sure you email Steve Zimmerman above to get more info about this Burger Franchise - Since 1947, Long Lease Terms, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01310250. Restaurant Realty Company.

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Contact

  1. Name: Steve Zimmerman
  2. phone iconPhone: 888-995-9701

Details

  1. Asking Price: $525,000.00

  2. Down: Call/Email

  3. Cash Flow: Call/Email

  4. Revenue:    $1,107,358.00

  1. Area: Los Angeles County

  2. City: None Given

  1. Attributes:

    Broker CooperationTraining & Support

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Related Links & Information Regarding This Posting

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