$159,000

Long Beach, CA
DESCRIPTION

Long-established and well-known teriyaki & hamburger restaurant in Long Beach, CA.

Located at a highly visible freestanding building on Pacific Coast Highway

Well equipped with a full kitchen including hood & grill

Low rent - $2450 / 1,200 SF free-standing building with ample parking

The current owner is not using online delivery platform services.

Average monthly expense: bank card-$270, accounting-$150, utility-$1100

LISTING DETAILS

Down Payment: $159,000

Total Sales: $336,000

Cash Flow: $96,000

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: N/A

Inventory: $1,500

Inventory Included: No

OPERATION

Year Established: 1973

Days & Hours of Operation: 6 Days (Mon - Fri: 9am to 8pm) / (Sat: 10am to 8pm) / (Sun: Closed)

Owner Hours Per Week: Full Time

Non-Owner Payroll: N/A

Employees: 2

Absentee Owner: No

Lease Option: New Lease Available

LOCATION

Real Estate: N/A

Monthly Rent: $2,450

Type of Location: Free Standing

Square Footage: 1200

Franchise: No

SUMMARY

Reason For Sale:

Retiring

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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