$79,000.00
Asking Price
Address: Long Beach,
Status: Active
Posting ID: 280618
9/5/23
Description
For sale is a great location in downtown Long Beach with a good amount of foot traffic. It is only open Mon-Fri from 10:30am-5pm. They have reasonable rent at $3,762/month. It is close to the police department and the courthouse. This has great potential for an owner-operator as it is currently employee-run. The franchise transfer fee is $17,500. There is a possible upgrade fee of $10,000. Royalty is 8%.
Annual net sales: $316,239 / 2022
Monthly rent: $3,024+$738 nnn
Lease terms: 1+5+5
Store size: 1,200 sqft
Seating capacity: 30
Open hours: 10:30 am-5 pm | Mon-Fri
Closed on weekends.
Employees: 1 ft, 2pt
Wage: $6,967/mo
Owner since: 2015
Reason for selling: too busy with other stores.
Financing: all cash
To get more information about this Flame Broiler Franchise - Absentee Run business for sale in Long Beach please phone Jack Oh (Agent - BRE License #:01299891) at 562-787-4989 Cell and 562-544-6863 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #280618 on BizBen.com. In addition to phoning Jack Oh, make sure you email Jack Oh above to get more info about this Flame Broiler Franchise - Absentee Run, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01299891. Power Realty & Investments.
Contact
Details
Asking Price: $79,000.00
Down: Cash Only
Cash Flow: $25,378.00
Revenue: $316,239.00
Area: Long Beach
City: Long Beach
Attributes:
My Notes About This Listing
Cash flow
$1,900,000
Revenue
$9,500,000
Down
Call / Email
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Down
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Revenue
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Revenue
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Down
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Down
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Cash flow
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Down
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Cash flow
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Revenue
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Down
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Cash flow
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Revenue
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Down
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Revenue
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Down
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Down
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Cash flow
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Revenue
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Down
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Cheryl's a restaurant business broker, over 25 years in the bar and restaurant industry coupled with a J.D. Cheryl works tirelessly to create successful strategies and effective negotiations for those who wish to purchase a new or sell an existing bar, restaurant, cafe, or night club. 415-309-2722
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