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Asian Franchise Restaurant - Flame Broiler

Long Beach, CA
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Asking Price:$79,000
Gross Revenue:$316,239
Rent:$3,762/Month
Cash Flow:$25,378
Inventory:$5,000
Established Year:2015
Listing ID: 2101756Listing provided by BizBuySell
BUSINESS DESCRIPTION

ANNUAL NET SALES: $316,239 / 2022
MONTHLY RENT: $3,024+$738 NNN
LEASE TERMS: 1+5+5
STORE SIZE: 1,200 SF
SEATING CAPACITY: 30
OPEN HOURS: 10:30AM-5PM | MON-FRI
CLOSED ON WEEKENDS.
EMPLOYEES: 1 FT, 2PT
WAGE: $6,967/MO
OWNER SINCE: 2015
REASON FOR SELLING: TOO BUSY WITH OTHER STORES.
FINANCING: ALL CASH
NOTE: GOOD LOCATION IN DOWN TOWN LONG BEACH.
CLOSE TO POLICE DEPARTMENT AND THE COURT HOUSE.
SHORT OPEN HOURS. TAKE THE WEEKEND OFF.
GREAT POTENTIAL FOR OWNER OPERATOR. CURRENTLY EMPLOYEE RUN.
FRANCHISE TRANSFER FEE IS $17,500.
POSSIBLE UPGRADE FEE OF $10,000. ROYALTY IS 8%.

DETAILED INFORMATION
Location
Long Beach, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,200
Employees
3
Facilities
1,200 sf. Seating for 30
Competition
Some competition
Growth & Expansion
Room to grow business for owner-operator. Short open hours.
Support & Training
Corporate training
Reason for Selling
Owner has too many stores to manage.
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