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#Business ID: 10291

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Very Popular Burgers Place In Premier Location Hollywood Area!

Business Location: North Hollywood, Los Angeles, California, United States

Asking Price: BUSINESS SOLD Revenue: $ 145,000 Cash Flow: $ 72,000

[Furniture / Fixtures included]

Business Summary

PRICE REDUCTION FROM $149,990!! - March 2012

Well established for 30 years, this fast food hamburger restaurant is located directly across from a very large school. It is a turn-key operation. No competition in the area. Specializing in items such as Burgers, Breakfast, Sandwiches, Hot Dogs, Salads and much more. Consistent daily sales of $800 - $900. Open 6 days with very busy lunch hour and delivery orders.

Very clean build out restaurant. Free Standing building on main street. Facility is about 1,000 sq. feet. Total monthly rent about $2,250 with 5 years remaining on the lease. Full kitchen includes a large hood and grill. All furniture fixtures and equipments are included in this sale. Inside seating for 12 along with additional outdoor seating. Ample parking for customers.

Business is very profitable and ready for new owner to take over and make money instantly. Still has many opportunities to expand and grow. New owner can increase sales by extending operation hours or making changes to the menu. Very good location with 2 schools within the same block. It’s also surrounded by plenty of residential units in 1 miles radius. Has a lot of exposure with its good signage and high visibility.

Seller will train new owner to assure a smooth transition.

PLEASE NOTE: Serious Buyers Only! Because of our unique marketing arrangement with the Seller, this property is available to review by Exclusive Representation.

Property Details

Size:

1000

Years Established:

1980

Property Type:

Lease

FF&E:

$ 30,000

Other Business Details

Business Location:

Located directly across from a very large school in the heart of Los Angeles. Joint to North Hollywood.

Premise Details:

Very clean build out restaurant. Free Standing building on main street.

Competition:

No competition in the area. Specializing in items such as Burgers, Breakfast, Sandwiches, Hot Dogs, Salads and much more.

Expansion Potential:

Additional marketing & advertising will sure increase revenue for new owner.

Business Operation Details

Employees:

1

Trading Hours:

Open 6 days.

Support & Training:

Seller will train and support during Escrow!

Miscellaneous Details

Reason For Selling:

Retirement.

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