Brand Name Hamburger Franchise SBA Pre-Approved Los Angeles County For Sale
Los Angeles County, California - South, US, ID 194919
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Description
Located in Eagle Rock in a busy shopping center with major brand name anchor tenants and convenient freeway access, this well established restaurant chain has been operating since 1947. Frequently recognized by food critics, it has been voted Best Hamburger in Los Angeles. The concept emphasizes quality, with all food freshly prepared and never frozen.The brand has become a recognizable staple in Southern California and is actively expanding nationwide, with more than 180 locations across the United States. A new franchise typically requires an investment exceeding 750,000 dollars, making this a rare opportunity to acquire an existing profitable turnkey location.The business is supported by corporate training and ongoing seller assistance, allowing for a smooth transition for a new owner. It benefits from strong lease terms and a fully equipped kitchen.Equipment includes a 12 foot hood system, 24 inch gas fryer, 24 inch charbroiler, 48 inch Accu grill, 72 inch refrigerated drawer unit, ice cream cabinet, 72 inch prep table, Norlake walk in refrigerator, one door and two door freezers, Ansul fire suppression system, Radiant POS system, and a full security and alarm system.Financial InformationMonthly revenue is 92,300 dollarsAnnual revenue is 1,107,358 dollarsPayroll is 19,050 dollars per monthCash flow details available upon requestGeneral InformationOrganization is a corporationEstablished in 2019Current owner since 2019Employees include 3 full time and 12 part time staffReason for sale is other interestsRent is 10,640 dollars per monthLease expires in 2030 with a 5 year optionFacilitiesApproximately 2,000 square feetSeating for 48 inside plus 16 patio seatsPublic parking availableHealth permit in placeOperating hours are Monday through Sunday from 10:30 a.m. to 2:00 a.m.
Details
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