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 Business Description Turn Key Quick Serve Restaurant in Busy Location
SIC Code Organizational Form S Corp
General Location Woodland Hills
Selling Price $59,000
Annual Revenues Asset sale   Discretionary Earnings Asset sale

Days and Hours of Operation

Monday - Friday: 10-9, Saturday & Sunday: 11-9

Year Established 18
Years Owned 2

Full-Time Employees 1 Part Time 1
Hours Owner Works 10 hrs per week

Executive Summary

Price Reduced! This Business Is A Steal!
This Opportunity Won't Last Long. Call Today!
You couldn't ask for a better (or more busy!) location. This turn key operation is ideally located inside of a shopping center on one of the most heavily trafficked streets in Woodland Hills. The shopping center is surrounded by many businesses as well as a large residential area. Many well known franchises and retail chains (Starbucks, Bank of America, Ralph's, Blockbuster, Rite Aid, Jamba Juice, Western Bagel and more!) anchor this shopping center and bring a great deal of traffic to the center. This asset sale provides the perfect opportunity for a new owner to establish a franchise or bring their own concept to this amazing turn key facility. The restaurant is 1200 sq. ft., will seat approximately 30 diners, and has a hood and grill. A brand new restaurant of this type would cost well over $150,000. This business is priced to sell! The owner is motivated and will consider any reasonable offer.Confidential business information provided to qualified buyers only.

Lease / Building Information
Monthly Lease/Rent $4,064
Expires 3/31/2010 Building Type Shopping Center
Terms & Options Negotiable

Square Footage / Dim. 1200 Seating 30
Other
Assets (Y=Included / N=Not Included / A=Available)
Accounts Receivable N
Licenses N

Inventory N
Type of License

L/H Improvements Y $75,000
Other Assets

Furniture / Equipment Y $75,000

Real Estate N
Total Assets $150,000

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.