$2,500,000
Restaurant
- Status: Available
- Price: $349,000
Babak “BOB” Shamtoub
- License No:
- DRE #02050054
- Email:
- babak@lbaweb.com
- Office:
- 424-542-1402
- Mobile:
- 424-542-1402
Description
Established in 2019, this 2400 Sf restaurant is located in a busy shopping center is for sale, offering Nashville style breaded chicken, Sides, Drinks, Desserts, Etc.
Open Monday thru Saturday from 11 AM to 10 PM and Sunday from 11 AM to 8 PM.
The rent is $5800 monthly including NNN, on a 3 year lease, with 3 years option to extend. Reported gross income is $62k a month and Net income is $12k monthly.
Payroll for Employees are $10,500.00 a month , Utilities are $2000.00 a month.
Delivery services, also working with Post Maid and Grub Hub
Business Information
Ownership Type:
Corporation
Year Established:
2019
Year Purchased:
2019
Business Type:
Fast Food Restaurant
License(s) Required:
Business, Health,
Hours of Operation:
11am-10pm Mon.- Sat. / Sundays 11M-8PM
Business Relocatable:
No
Business Is A Franchise:
No
Home Based:
No
Broker To Broker CoOp:
No
Office Listing Number:
6369
Date Available:
06/28/2022
Reason For Sale:
Moving from the area
Financial Information
- Annual Total:
- 744,000
- Revenue:
- Annual Net Income:
- 144,000
- Inventory:
- Monthly Payroll:
- 10,500/m
Lease Information
- Base Rent:
- 5,800/m
- Lease Expires:
- 2025
- Lease Option:
- 1x3 years Option
- NNN:
- Included
Financing Information
- Down Payment:
- Owner Will Carry:
- Other Finance:
- Terms:
Contact Us
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