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Sba Approved-real Estate & Business-immaculate Fast Food Restaurant

Rancho Cordova, California : Restaurants
Listing #2782

Sba Approved-real Estate & Business-immaculate Fast Food Restaurant-drive Thru-$216000 Annual Profit RRC#: 2782 Asking Price: $2,100,000 Location: Rancho Cucamonga, Los Angeles County, California Yearly Revenue: $1,383,000 Yearly Cash Flow: $216,036 Monthly Rent: Mortgage $10,000 LISTING DESCRIPTION: Real Estate included. SBA Pre-Approved financing for experienced food service operator. Monthly mortgage for both real estate and business is less than $ 10,000 a month after down payment. Immaculate and well maintained fast food restaurant, on a major blvd. with seating for 60 people, complete with drive thru. This ,highly visible restaurant boasts 3050 sq. ft. and sits on a 13,327 sq, ft, lot with parking. Built in 2005, looks like new. Serving breakfast, lunch and dinner, quality burgers, sandwiches, salads and fries. $1.4 million in annual sales with 3-5% increase in sales each year. 50% of sales are thru the drive thru. Spacious and clean kitchen and storage area. Kitchen features two cook lines, each with hood, walk in fridge & freezer, 6 burner stove with oven, 36" broiler, 60" griddle, 36" griddle, 2 Pitco fryers, refrigerated prep station 144"x 20" deep, ice machine, beverage refrigerator, ice cream freezer, Hobart meat slicer, cheese grater, potato slicer, bread racks, SS tables & two burner hot plate and more. Office includes, Maitre D POS system, HP printer, 16 camera security system, alarm system, computer, 3 TV''s, safe, employee lockers and employee lounge area. With 2 ADA bathrooms it is possible to add beer and wine. Owner owns another location with same name so there may be some restrictions with the use of the name. There is a land lease for the next 41 years with $100.00 a month rent on the lease. GENERAL INFORMATION: Organization: Corporation | Year Established: 2005 | Current Owner: 2005 | Employees: 16-20 | Seating: 60 | Square Footage: 3050 | Parking: parking lot | Licenses Required: City Business license, health department | Reason For Sale: Other Interests | FINANCIAL INFORMATION: Yearly Revenues: $1,383,000 | Yearly Cash Flow: $216,036 | Payroll: $34575 | LEASE INFORMATION: Monthly Rent: Mortgage $10,000 | Lease Expiration: 2058 land lease only |

Asking Price:

$2,100,000

Gross Income:

$1,383,000

(last 12 months)
Cash Flow:

$216,036

(last 12 months)
Inventory Value:

Undisclosed

Year Established: Business is Closed: No
Seller Financing Available: No Owner Operated: No
FF&E included: No Home-based: No
FF&E Value: Training provided No
Real Estate is included: No Easily Relocated: No
Value of Real Estate: $0 Number of Employees: 0
Real Estate Square Footage: 0

Sba Approved-real Estate & Business-immaculate Fast Food Restaurant-drive Thru-$216000 Annual Profit

RRC#: 2782
Asking Price: $2,100,000
Location: Rancho Cucamonga, Los Angeles County, California
Yearly Revenue: $1,383,000
Yearly Cash Flow: $216,036
Monthly Rent: Mortgage $10,000

LISTING DESCRIPTION:
Real Estate included. SBA Pre-Approved financing for experienced food service operator. Monthly mortgage for both real estate and business is less than $ 10,000 a month after down payment. Immaculate and well maintained fast food restaurant, on a major blvd. with seating for 60 people, complete with drive thru. This ,highly visible restaurant boasts 3050 sq. ft. and sits on a 13,327 sq, ft, lot with parking. Built in 2005, looks like new. Serving breakfast, lunch and dinner, quality burgers, sandwiches, salads and fries. $1.4 million in annual sales with 3-5% increase in sales each year. 50% of sales are thru the drive thru. Spacious and clean kitchen and storage area. Kitchen features two cook lines, each with hood, walk in fridge & freezer, 6 burner stove with oven, 36" broiler, 60" griddle, 36" griddle, 2 Pitco fryers, refrigerated prep station 144"x 20" deep, ice machine, beverage refrigerator, ice cream freezer, Hobart meat slicer, cheese grater, potato slicer, bread racks, SS tables & two burner hot plate and more. Office includes, Maitre D POS system, HP printer, 16 camera security system, alarm system, computer, 3 TV''s, safe, employee lockers and employee lounge area. With 2 ADA bathrooms it is possible to add beer and wine. Owner owns another location with same name so there may be some restrictions with the use of the name. There is a land lease for the next 41 years with $100.00 a month rent on the lease.

GENERAL INFORMATION:
Organization: Corporation | Year Established: 2005 | Current Owner: 2005 | Employees: 16-20 | Seating: 60 | Square Footage: 3050 | Parking: parking lot | Licenses Required: City Business license, health department | Reason For Sale: Other Interests |

FINANCIAL INFORMATION:
Yearly Revenues: $1,383,000 | Yearly Cash Flow: $216,036 | Payroll: $34575 |

LEASE INFORMATION:
Monthly Rent: Mortgage $10,000 | Lease Expiration: 2058 land lease only |


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