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| | Business Description | Well Known Restaurant Franchise | | SIC Code | | Organizational Form | Foreign C Corp | | General Location | San Bernadino County | | Selling Price | $200,000 | Down Payment | $200,000 | | Annual Revenues | $520,000 | Discretionary Earnings | $Asset sale | Seasonal? N Can Relocate? N Home Based? N Absentee Owner? N Franchise? Y | Days and Hours
of Operation | Sunday-Thursday: 7-10
Friday - Saturday: 7-12 | Year Established | 2006 | | Years Owned | 3 | | Full-Time Employees | 3 | Part Time 7 | Managers 0 | | Other Payroll Information | | | Hours Owner Works | | | Owner's Duties | | | Skills Required | | | Training & Cost | Franchiser will train. | | Non Compete | Per Franchiser miles |
Executive SummaryThis well known restaurant brand is both unique and powerful with worldwide recognition and positive acceptance. The famous restaurant brand is symbolized by an iconic character and loved by generations of customers. The restaurant franchise is well known for its signature food items like the original double-decker hamburger, onion rings, shakes and malts, strawberry pie and more. The restaurant has an established reputation in the community for being clean and comfortable and consistently providing excellent service. All these characteristics and elements have placed this popular restaurant franchise in a strong competitive position in the marketplace. Good food, good service, and great value have kept generations of customers saying "Ohhhh Boy!" The business is currently employee-operated - an owner/operator would increase profits substantially. To establish a new restaurant of this kind would cost well over $600,000. Motivated seller has prompted this business to be offered at LESS than its asset value..The new owner can keep this franchise or bring their own concept to this restaurant.This business is priced to sell and will not be on the market long! This is an asset sale. Confidential information provided to qualified buyers Confidential information provided to qualified buyers. |
Lease / Building Information | | Monthly Lease/Rent | $7000+NNN | Deposit | | | Expires | 1/1/2017 | Building Type | | | Terms & Options | Two 5 year options | | Square Footage / Dim. | 5000 | Seating | | | Other | Rent increases 2% per year. |
Assets (Y=Included / N=Not Included / A=Available) | | Accounts Receivable | N | | Licenses | N | | | Inventory | N | | Type of License | | | | L/H Improvements | Y | $150,000 | Other Assets | | | | Furniture / Equipment | Y | $450,000 | | | | | Real Estate | N | | Total Assets | | $600,000 |
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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