Neighborhood Restaurant Booms in 2023

Featured on BizBuySell.com . 1 viewed

Asking Price

$1,200,000

FOR SALE - ACTIVE

Detailed Information

Location

Lemon Grove, CA (San Diego County)

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

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Business Description

A neighborhood restaurant, known for its hamburgers, kabob sandwiches, and shakes, has seen a significant increase in net income for 2023. The business has adapted to the times by partnering with food delivery services and implementing an online ordering system through Toast POS. Operating from 10am to 11pm, the restaurant now serves breakfast and lunch all day, catering to a loyal customer base who have supported the business through economic challenges. The business is currently on the market with a monthly lease of $6,000 + NNN. Pre-approved for an SBA loan of $1.5 million, the listing is priced lower to account for high interest rates. Interested parties must adhere to a strict protocol requiring the signing of a non-disclosure agreement and providing proof of funds before receiving any detailed information. Prior to making inquiries, individuals are requested to submit contact details for NDA processing. This opportunity presents a well-established restaurant with a successful track record and growth potential, offering a chance to

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Listed By:

Name : Shanon Sweis

Phone Number : Show Phone number

Shanon Sweis typically replies in about 7 minutes

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