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Fast Food Restaurant
Location: United States -> California -> Southern California - Los Angeles Area -> Santa Monica
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Failed from escrow due to landlord qualification
Location, Location, Location! A fast food restaurant for sale, located by the busy, high-traffic Santa Monica pier is available for sale. Over $96,000 annual cash flow. For more than two years, this locally owned restaurant boasts an extensive menu and plenty of charm. Full Kitchen in 1,100 sq. ft. of space with 20 seats indoors and 12 seats outdoors. All employees have been trained and are loyal and valuable, and they will certainly stay and work for the new owner if desired. Current owner will assist with transition. Great to continue as is, or bring your own concept! Motivated seller--all offers are welcome.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $420,000
Cash Flow:   $96,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $1,000
Seller Financing:  Yes

About The Business

Year Established:  2008
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  2 weeks. 20 hours. /week.
Reason For Selling:  Partnership dispute.




Print Listing Id: 700147029
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > California Businesses For Sale > California Franchises For Sale > California Business Brokers



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