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Business Description Quick Serve Restaurant in Perfect Location
General Location Northridge, California
Selling Price $59,000 Down Payment $59,000
Annual Revenues: Asset sale Discretionary Earnings: Asset sale


Days and Hours
of Operation 10-9 Mon - Fri., 10-8 Sat & Sun

Year Established 2003
Years Owned 4

Executive Summary
This restaurant reflects the pride of its owner. You couldn’t ask for a better location. This turn key operation is located inside of a shopping center on a bustling main street in Northridge/Reseda. The shopping center is within walking distance of a busy residential and commercial neighborhood..Seller spent over $150,000 in Leasehold improvements. This facility is in outstanding condition. The Seller is highly motivated to sell. New owner can establish a new franchise or bring their own concept to this ideally located facility. Perfect for an owner/operator. The Restaurant currently does no marketing or delivery to the thousands of homes, apartments, and businesses nearby. Potential to increase business with this perfect quick serve restaurant location to the high volume foot traffic, delivering to local neighborhoods, businesses, and marketing to the overall community is a recipe for success. Confidential business information provided only to qualified buyers.This is an Asset sale.

Lease / Building Information
Monthly Lease/Rent $2,800 Deposit
Expires 5/1/2008 Building Type
Terms & Options 2 Five year options
Square Footage / Dim. 1000 Seating
Other
Assets (Y=Included / N=Not Included / A=Available)
Accounts Receivable N
Licenses N

Inventory N
Type of License

L/H Improvements Y $90,000
Other Assets

Furniture / Equipment Y $10,000

Real Estate N
Total Assets $100,000

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.
Printed on 11/16/2007 9:00:19 PM by Iqbal Hussain