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For Sale: Fast Casual Franchise Restaurant - Los Angeles

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Current Status: Active     Posting #: 252683     Last Refreshed: 4/27/19     BRE License #: 01113651    
Contact: Jerry Diza At 949-424-6065  -  Also Email This Contact Below
Price:  $399,000     Down:  Call     Adjusted Net:  $121,940     Revenue:  $645,000    
Attributes:       Cooperation With Brokers?  Call

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  Description About This Posting: Fast Casual Franchise Restaurant
DESCRIPTION:

This franchise brand is very popular to locals. Offering tasty, fresh and satisfying choices, this restaurant is built just for you. Being in one of Los Angeles County's up and coming neighborhoods, this restaurant is in a city that is becoming popularized by the many professional sports teams, concerts, and events that come to the area. Situated very close to the 405 freeway and located on a popular street, this franchise restaurant is very hard to miss.

Positioned on the 1st floor of a mixed-use build, this 2,200 sq. ft. location comes with patio seating, a 41-liquor license, and rent at only $5,830 a month!

There are many dense neighborhoods nearby and multiple Schools in close proximity, making it ideal to market both in-store and delivery options for this franchise restaurant for sale. The area has boomed over the last 5 years and is expected to continue growing as new homes and businesses are being welcomed into the community.

The current menu offers craft burgers and specialty sandwiches all in a simple one-page menu. As the owner, this small menu helps control cost, easy prep, and allows you to maintain consistency, which is turn, can equal more money. The Franchise brand has developed a social media presence that has grown to more than 160,000 followers combined over multiple platforms. A great location with loads of fantastic reviews, and a well put together menu makes this franchise a prize.

This franchise restaurant is a huge opportunity for someone who is ready to take over an existing business and be a part of a big business network that already has brand recognition. Training and support are provided by the franchisor. Opening a restaurant is an exciting time, and for someone like yourself, a restaurant franchise is a great option. It's time to get on board. Hurry before this offer passes by!

EQUIPMENT:

* Walk in Freezer
* Supply Racks
* Prep Stove
* Type (1) Hood
* Fryer
* Soft Serve Machine
* Flat Top Grill
* Beverage Freezer
* Beer on Tap
* Deli Warmer
* Low Boy
* Egg Steamer
* Iced Tea Brewer

FACILITIES & OPERATIONS:

* Mixed Use Building with ample ground floor parking
* Patio seating for guest who want to enjoy the fresh air
* Open (7) days a week
* Surrounded by other strong businesses that drive traffic to the area
* $400K built out makes this location operation ready


CURRENT MANAGEMENT & LABOR:
* This location is clean and well kept
* Absentee run
* Reported net sales for 2018 are $645,000 annually

PROFORMA
Income $645,000.00
COG 30% $193,500.00
Payroll 22% $143,500.00
Rent 10% $69,960.00
Misc. 10% $64,500
Franchise Fees 8% $51,600
Total Expenses 80% $523,060
Net Profit 20% $121,940

To get more information about this Fast Casual Franchise Restaurant business for sale in Los Angeles please phone Jerry Diza (Intermediary, Broker - BRE License #:01113651) at 949-424-6065 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #252683 on BizBen.com. In addition to phoning Jerry Diza, make sure you email Jerry Diza above to get more info about this Fast Casual Franchise Restaurant, 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
Notes
My Posting Notes


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Mike Brewer: Liquor License Brokers, ABC Consulting Services

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Diane Boudreau-Tschetter: Escrow And Bulk Sale Services

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.

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Helen Yoo: Escrow & Bulk Sale Services - Southern California

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.


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