#5508
Los Angeles

One of family owned burger chain restaurant for sale in South Bay

$
One of family owned burger chain restaurant for sale in South Bay
This Listing is Expired

Nestled in the heart of the South Bay features a family owned burger chain restaurant , seafood restaurant, and juice bar. Properties are stand-alone and drive-thru compatible. Long lease terms and low rental rates. Restaurants can either be absentee run or owner-user. Buyer can purchase restaurants in one package or individual. Please contact listing agent for more information.

This is a The Real Estate Discount Concept listing.
Realtor Tommy Tran DRE License #01439113

Lease

Region:
Los Angeles
Lease Term:
30 year lease
Total Monthly Rent:
$12,000

Financials

Last Year's Annual Gross:
$1,200,000

Operations

Liquor License:
call
Hours Open:
call
Year Established:
call
Hood System Type 1:
Yes

Facilities

Indoor Seating:
60
# of Parking Spots:
call
Inside Sq. Ft.:
2,100
Outside Sq. Ft.:
300

Highlights

  • all 10 restaurants for sale
  • can convert

Financing

Will SBA Finance:
Yes
Will Seller Lend To Buyer:
No

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 44,635 191,343 562,045
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 14,610 68,991 189,315
2010 Persons Per Household 2.94 2.70 2.89
Median House Value $505,900 $538,628 $497,228
Income Per Household $55,138 $66,822 $68,278
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,715 7,176 15,429
2012 Number Of Employees 50,744 217,926 450,202
2012 Total Annual Payroll $1,625,659,000 $4,294,967,295 $4,294,967,295

click for more demographic info

Disclaimer

The information contained in this offering profile was provided by the Seller and is believed to be accurate. RestaurantForSales.com and Realty One Group Infinity its agents, brokers, managers, employees have not verified the information and therefore makes no representations or warrantees as to its accuracy or completeness whatsoever.  You are responsible for performing a thorough due diligence of the business before consummating a transaction. This profile is subject to the Confidentiality Agreement and Disclaimer as agreed to and acknowledge by the Buyer.  Please note: (1) Sq. ft. is estimated (2) Annual Payroll is last year's and does not include any owner wages. 

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    Absentee run Nail salon in upscale Encino of Los Angeles County
    Lease:  
    There is 5 year left plus 5 yr option
    Monthly Rent:  
    $9,100
    Annual Revenues:  
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    Annual Adj. Net:  
    $122,000
    Square Feet:  
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    Available
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