Businesses For Sale

Business Type: 
Burger Franchise - 2 Locations
Location: 
Orange County, CA
Asking Price: 
$1,060,000
Listing #: 
PCBB-391
Gross Sales: 
$3,601,635
Cash Flow: 
$300,310
Summary: 
SUMMARY DESCRIPTION Burger Franchise -2 stores available in Orange County, PCBB # 391. There is a 3rd location in Orange County also available (see below # 392) This recognizable Gourmet Burger Restaurant offers a full service casual dining experience and both stores are located in a high profile shopping centers in Orange County. The brand has strong recognition and social foodies love the concept. The franchise has over 100 stores and the locations are all strategically positioned in areas with strong demographics. There is a 47 (full liquor) license included in all 3 locations. Sales/Net Income Income/Cash flow: Sales and Cash Flow/Sellers Discretionary Earnings (SDE) are based on January-October 2017 and annualized over 12 months. The stores can be sold as a 2 store package or sold individually. Separate locations: The sellers are willing to sell the franchised stores as the 2 store package as referenced or are willing to sell all stores separately. Both restaurants are in Orange County. PCBB # 396- priced at $485k PCBB # 397- priced at $575k 3rd Location (PCBB # 392) There is a 3rd location available in Orange County for $99,000. The business is being offered as an asset sale. Sales in 2017 from Jan-October were $11,112,194 and annualized $1,334,632. (Inquire within) SBA/Financing: The 2 locations if purchased together may qualify for SBA or third party funding but the Buyer will also need to have strong financials, good credit, and previous restaurant experience. Leases: All locations are in major shopping centers. The landlords have very strict qualifying guidelines and Buyers must also have strong financials, good credit, and restaurant experience. General Information Facilities: The stores are 2,700, 2,800 sq. ft respectfully. All store locations are in high traffic centers in Orange County Growth and Expansion: This franchise has drawn great reviews from its customers. This is a proven and recognizable brand that continues to get more exposure and there is strong franchise support. Support/Training: Franchise training Terms: Cash/ SBA: see above (subject to lender requirements) Reason Selling: The partners have decided to pursue other opportunities and one partner lives a far distance away. Year Established: 2007, & 2012 Employees: 45 There is $20,000 Inventory not included Detailed Information Inventory:Not included in asking price Real Estate:Leased Building SF:N/A Lease Expiration:N/A Employees:75 Facilities:The stores are 2,700 &2,800 sq. ft respectfully. All store locations are in high traffic centers in Orange County Growth & Expansion:This franchise has drawn great reviews from its customers. This is a proven and recognizable brand that continues to get more exposure and there is strong franchise support. Financing:Cash/SBA Support & Training:Franchise Training Reason for Selling:The partners have decided to pursue other opportunities.. Franchise:This business is an established franchise