Businesses For Sale

Business Type: 
Burger Franchise
Location: 
Orange County
Asking Price: 
$189,000
Listing #: 
PCBB #392
Gross Sales: 
$1,451,985
Cash Flow: 
NA
Summary: 
Burger Franchise Location 3 of 3 available in Orange County, PCBB # 392 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. There is a 47 (full liquor) license included with the business. This particular store is absentee operated so there are opportunities to increase sales and reduce expenses for a full time owner operator. • 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. Lease: The lease is good through August 2020 and a 5 year option that could be assignable depending on buyer and qualifications. The landlord has very strict qualifying guidelines and Buyers must also 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. The Seller will discount the price to $120k to sell without the type 47 license. Income/Cash flow: The Sales in 2016 were $1,451,985 and the business is profitable. If the business is operated by a full time owner operator then labor can be reduced and the net income could potentially be much higher. Sales from January-June 2017 were $677,964 but Q 3 & Q 4 generally increase by 5-7% 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. . Detailed Information Inventory:Not included in asking price Real Estate:Leased Building SF:2,957 Lease Expiration:N/A Employees:33 Facilities:The store is 2,657 + 300 sq. ft patio and lease is good through August 2020. Rent. Located in busy shopping center in Orange CountyGrowth & 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:Training to be provided if sold as Franchised location. Seller may provide training. Reason for Selling:The partners have decided to pursue other opportunities and one partner lives aFranchise:This business is an established franchise