$699,000.00
Asking Price
Address: Cypress, 90630.
Status: Active
Posting ID: 281891
8/1/23
Description
This franchise family restaurant has been owned and operated by the same franchisee for over 40 years who wishes to retire and pass on the torch to the next operator. This store has already been remodeled and it is up to date to the current franchise's standard. The concept has a salad bar, a variety of freshly cut steaks, lobster, and seafood all served in a very fun and friendly atmosphere. There is a beer & wine menu for those patrons looking for an enhanced dining experience. This store is located in a very affluent neighborhood with an income average of well over $100k a year and a median home price of over $1.4m.
This store performs really well with an average monthly sales of $175k and very low rent of $11000 a month or a factor of 6%. The owner spends limited hours at the store and the long-running staff front and back of the house are quite capable of operating the store. A lot of the key employees have been working here for decades and are very loyal to the business and the guests. LEASE BUILDING INFO. Monthly Rent: $11000 Square ft: 4400 Expiration: 2027 Patron capacity: 100+ Options: Buyer to qualify Patio: MO Deposit: Buyer to qualify Hours of Operation: 11-9 P.M. OPERATIONS FINANCIALS Years established: 1980 Monthly sales: $175K No. of employees 16+ Monthly cash flow: $17k+ Monthly payroll: $48k Annual Sales: $2M+ Absentee run: no Annual Revenue: $200k+ (approx.) 2023 MONTHLY FINANCIAL ANALYSIS (Projection) Sales: $175k Rent:$11k Payroll: $48k C.O.G.: 48K Royalty: $14k Misc: $37k (Uncontrollable of utilities, credit card processing, maintenance) Net Potential income: $17k monthly or $200k a year
To get more information about this Franchise Family Restaurant business for sale in Orange County please phone Steve Torabi (Intermediary, Broker - BRE License #:02022773) at 949-427-0414 Cell and 949-424-6065 Office - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #281891 on BizBen.com. In addition to phoning Steve Torabi, make sure you email Steve Torabi above to get more info about this Franchise Family Restaurant, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01113651. Pacific Reliance Business Brokers.
Contact
Details
Asking Price: $699,000.00
Down: Call/Email
Cash Flow: $200,000.00
Revenue: $2,000,000.00
Area: Orange County
City: Cypress
Attributes:
My Notes About This Listing
Cash flow
$400,000
Revenue
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Down
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Posting: 272547 | Available | 4/26/24
For sale is a professional service company providing written translation and oral interpretation services in 200 languages for clients worldwide: government agencies, NGOs, business entities, etc. The business has an extensive team of language experts and a broad client base, and operates virtually.
Asking Price
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Cash flow
N/A
Revenue
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Down
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Revenue
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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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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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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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Asking Price
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Cash flow
$350,574
Revenue
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Down
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Asking Price
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Cash flow
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Revenue
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Down
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Posting: 285056 | Available | 4/25/24
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Asking Price
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Cash flow
$1,000,000
Revenue
$9,000,000
Down
Call / Email
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Asking Price
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Cash flow
N/A
Revenue
N/A
Down
Call/Email
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Asking Price
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Cash flow
$50,000
Revenue
$380,000
Down
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Asking Price
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Cash flow
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Revenue
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Down
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Asking Price
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Cash flow
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Revenue
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Down
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Asking Price
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Cash flow
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Revenue
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Down
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Asking Price
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Total Investment
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Min Liquid Cash
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Net Worth
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Franchise Fee
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Cash flow
$235,715
Revenue
$1,320,000
Down
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Cash flow
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Revenue
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Down
$300,000
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Cash flow
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Revenue
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Down
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Cash flow
$360,663
Revenue
$450,798
Down
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Cash flow
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Revenue
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Down
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Asking Price
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Cash flow
$180,000
Revenue
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Down
Call/Email
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Asking Price
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Cash flow
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Revenue
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Down
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Asking Price
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Cash flow
N/A
Revenue
N/A
Down
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Asking Price
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Cash flow
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Revenue
$200,000
Down
$250,000
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Asking Price
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Cash flow
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Revenue
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Down
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Profitable commercial construction general engineering contractor, with recurring Fortune 500 customers, over 50 employees, and extensive equipment and vehicles. In San Francisco Bay Area. Customers consist of major telecommunications and other Fortune 500 companies throughout Northern California.
Asking Price
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