Businesses For Sale

Business Type: 
Burger Franchise - #3 of 3 available
Location: 
Orange County
Asking Price: 
$99,000
Listing #: 
PCBB #392
Gross Sales: 
$1,334,632
Cash Flow: 
NA
Summary: 
Burger Franchise, location 3 of 3 available in Orange County. Update: Price was reduced to $99,000 and Seller will consider any reasonable offer and will include the type 47 (full liquor license). A Buyer must qualify with the landlord and have strong financials and restaurant experience. Rent is $14,481 per month for 2,957 sq. ft. that includes patio. The seller will also offer this store as a conversion opportunity to sell separate from the franchise but any new concept or existing independent, chain, or franchise must be approved by the landlord. This recognizable Gourmet Burger Restaurant offers a full service casual dining experience and is located in a high profile shopping center 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. This particular store is absentee operated, so there are opportunities to increase sales and reduce expenses for a full time owner operator. Lease: The lease is good through August 2020 with a 5 year option that could be assignable depending on buyer and qualifications. The landlord has very strict qualifying guidelines and Buyers must have strong financials, good credit, and restaurant experience. ABC full liquor license (type 47): There is a full liquor license and is included in the price. Income: The Sales are based January-October 2017 and annualized over 12 months. Other 2 locations: The Seller is offering 2 other Orange County franchised locations. This store can be part of a 3 store package or sold separately as marketed above. For more information refer to PCBB # 391 and inquire within.