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| | RESTAURANTS | | Business Description | Turn-key, drive-thru restaurant with full kitchen | | SIC Code | | Organizational Form | S Corp | | General Location | Santa Clarita | | Selling Price | Make offers | Down Payment | Make offers | | Annual Revenues | | Discretionary Earnings | | Seasonal? N Can Relocate? N Home Based? N Absentee Owner? Y Franchise? N | Days and Hours of Operation | 10 am to 10pm 7days | Year Established | 2001 | | Years Owned | | | Full-Time Employees | 1 | Part Time 7 | Managers | | Other Payroll Information | | | Hours Owner Works | 0 | | | | | | | | | | | |
Executive SummaryMake offers! This turn-key, drive-thru restaurant with full kitchen (formerly a Wendy’s) is located in an upscale Southern California community, which has seen incredible growth over the past 10 years.The restaurant is in a prime location inside a busy shopping center and is surrounded by businesses and a large residential area, which brings plenty of traffic to this 3200 sq.ft. restaurant.The facility is in outstanding condition, and leasehold improvements including furniture, fixtures, and equipment, valued at approximately $350,000, are INCLUDED in the sale price.To establish a new restaurant of this kind with hood, grill, walk-in refrigerator, freezer, roasting oven, computer system, making table, and much more, would cost well over $400,000! The owner spent a great deal of time and effort to insure this drive-thru restaurant is clean, attractive, and fully up to the fast-food restaurant requirements. The business is currently employee-operated - an owner/operator would increase profits substantially. The new owner can establish a franchise or bring their own concept to this turn-key, fully-equipped restaurant in an upscale Southern California neighborhood.Motivated seller has prompted this business to be offered at LESS than its asset value.The current owner has done very little marketing so the community is unaware of this jewelof a business. Confidential business information provided to qualified buyers only.The seller is highly motivated and will consider ANY reasonable offer. This is an asset sale |
Lease / Building Information | | Monthly Lease/Rent | $9,500 | Deposit | | | Expires | 1/1/2011 | Building Type | Free Standing | | Terms & Options | Four Five years | | Square Footage / Dim. | 3200 | Seating | 70 | | Other | |
Assets (Y=Included / N=Not Included / A=Available) | | Accounts Receivable | N | | Licenses | N | | | Inventory | N | | Type of License | | | | L/H Improvements | Y | $100,000 | Other Assets | | | | Furniture / Equipment | Y | $250,000 | | | | | Real Estate | N | | Total Assets | | $350,000 |
Information contained herein has been provided by the seller. Broker has not and will not verify the accuracy or completeness of any information. Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary.
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Marketing Information | | Marketing | This turn-key, drive-thru restaurant with full kitchen (formerly a Wendy’s) is located in an upscale Southern California community, which has seen incredible growth over the past 10 years.The restaurant is in a prime location inside a busy shopping center and is surrounded by businesses and a large residential area, which brings plenty of traffic to this 3200 sq.ft. restaurant. | | Strengths & Opportunities | The owner spent a great deal of time and effort to insure this drive-thru restaurant is clean, attractive, and fully up to the fast-food restaurant requirements. The business is currently employee-operated - an owner/operator would increase profits substantially. The new owner can establish a franchise or bring their own concept to this turn-key, fully-equipped restaurant in an upscale Southern California neighborhood.Motivated seller has prompted this business to be offered at LESS than its asset value.The current owner has done very little marketing so the community is unaware of this jewelof a business. The seller is highly motivated and will consider ANY reasonable offer. | | Hours & Staffing | 10 am to 10pm 7days, 7 part time one full time | | Area, Facilities & Equipment | The facility is in outstanding condition, and leasehold improvements including furniture, fixtures, and equipment, valued at approximately $350,000, are INCLUDED in the sale price.To establish a new restaurant of this kind with hood, grill, walk-in refrigerator, freezer, roasting oven, computer system, making table, and much more, would cost well over $400,000! |
Information contained herein has been provided by the seller. Broker has not and will not verify the accuracy or completeness of any information. Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary. |
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