Fatburger-Original Owner Of 40 Years
Not Disclosed, CA Not Disclosed
on a major street
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- RE: Fatburger-Original Owner Of 40 Years
- Contact: Stephen Holzberg
- License #: 00701006
Quick Facts
| Asking Price: | $290,000 | |
| Annual Revenue: | $1,200,000 | |
| Net Profit: | $125,000 | |
| Cash Flow: | $125,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1984 | |
| Employees: | 10 | |
| BBN Listing #: | 987514 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
One of the original Fatburgers. Same owner 40+ years. Now wanting to retire. Impressive.
Fully equipped with everything, featuring a walk-in refrigerator/freezer.combo.
Operated with 10 employees & 1 owner.. If family run, think of the profits you can make here.
Huge sales volume of over $100k/month.
The restaurant will need some franchisor required upgrades. or. drop the name, go independent, and serve any menu you like. Good for a catering kitchen also, to the entire San Fernando Valley.
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Property Features and Assets:
Approx. 1,600 sq ft with some inside & outside seating.
New lease available for you. Rent of $6,200, NNN of $1,900.
Market Competition and Expansion:
Limited competition.
Located on one of the busiest streets in the San Fernando Valley.
Reason for Selling:
retiring after owning 40 yearsAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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