$358,000

Los Angeles County
DESCRIPTION

Fried Chicken Franchise Restaurant, newly built. Full kitchen with new equipment. Seller's build-out cost-$700K +.

Beer & Wine (type 41) license.

The seller must sell due to family situations.

Great online reviews.

Menu conversion is possible with the landlord's consent.

Monthly gross: $70,000
Monthly rent: $13,200
Lease terms: 4+ 4 @ 5 YEARS
Store size: 3,200 SF
Seating capacity: 100
Open hours: Mon-Fri 11 am to 10 pm, Sat 11 am-11 pm, Sun 11 am-9 pm
Employees: 12 part-time
Wage: $20,000/mo.
Owner since: 2022
AS IS SALE.

LISTING DETAILS

Down Payment: $358,000

Total Sales: N/A

Cash Flow: N/A

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: $150,000

FFE Included: Yes

Inventory: $10,000

Inventory Included: No

OPERATION

Year Established: 2022

Days & Hours of Operation: 7 Days (Mon - Thur: 11am to 10pm) / (Fri - Sat: 11am to 11pm) / (Sun: 11am to 9pm)

Owner Hours Per Week: Part Time

Non-Owner Payroll: N/A

Employees: 12

Absentee Owner: No

Lease Option: 4 @ 5 Years Option

LOCATION

Real Estate: N/A

Monthly Rent: $13,200

Type of Location: Strip Center

Square Footage: 3200

Franchise: Yes

SUMMARY

Reason For Sale:

Family

Agent Details

HEMENDRA PATEL

  • (562) 230-1193

NDA Form

Please fill up required information in NDA form & sign it and send it to email: harrypatelvrbb@gmail.com

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