Hamburger Stand established since 1969 in Thousand Oaks for sale

Thousand Oaks, CA
listing image
Asking Price:$49,000
Established Year:1969
BUSINESS DESCRIPTION

• Price reduced from $75K to $49K, Prime Location in Thousand Oaks, CA, Situated on Thousand Oaks Blvd., a MUST SEE!!
• This Hamburger Joint established since 1969, with current owner since 2003, subject is if not oldest then one of the oldest in Thousand Oaks, and this location is still perfect for hamburger joint, because there is literally little or no competition within surrounding.
• Considered cost of build-out nowadays, Ridiculously, Unbelievably Low Asking Price
• Approx. 670 Sq. Ft Monthly Rent @ approx. $3,000 including triple net
• Previous opened 7am-9pm, with 5 Employees with average Gross about $50,000 per month, but Now opens @ 9am-3pm 6days a week with no employee since COVID
• Can Be Converted to Other Type of fast-food such as Japanese, Chinese & kabob
• great potential by expanding OPERATING HOURS to normal business hour AND by adding delivery and app service such as Uber-eat, GrubHub and others, Again a MUST SEE Location !!!!!!!!!


DETAILED INFORMATION
Location
Thousand Oaks, CA
Inventory
Not Included in asking price
Facilities
Burger Joint established since 1969, Approx. 670 Sq. Ft Monthly Rent @ approx. $3,000 including triple net
Growth & Expansion
Previous opened 7am-9pm, with 5 Employees prior to COVID with average Gross about $50,000 per month, but Now opens @ 9am-3pm 6 DAYS a week with no employee since COVID, great potential by expanding OPERATING HOURS to normal business hour AND by adding delivery and app service such as Uber-eat, GrubHub.
Reason for Selling
wants to retire
Report an Issue with this listing
Remy Chen
Ivy Realty Co.
Remy Chen