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Asking Price$275,000
Revenue$1,240,140 Established2016
Cash Flow$139,568 EmployeesUndisclosed
FF&EUndisclosed FranchiseYes
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Growing Burger Franchise in San Luis Obispo County

RRC#: 4256  
Asking Price: $275,000
Location: San Luis Obispo County
Annual Revenue: $1,240,140
Annual Cash Flow: $139,568
Monthly Rent: $5,113 +1,227 NNN
Expiration:  2026 plus Five Year Option  

Listing Description:
Fast-casual burger restaurant for sale in San Luis Obispo County.  The restaurant occupies a stunning, stand-alone building with outdoor patio space, and has its own dedicated parking area.  The location is high-traffic with other retail stores in close proximity and about a mile to the beach.  The interior has a newer build-out, with modern finishes.  In addition to featuring an extensive selection of burgers, the menu also includes a variety of other items.  The reviews on Yelp, Google and TripAdvisor are 4.5 or higher.

The revenues have increased at a steady pace each of the last five years.  The lease is very affordable and long term.  This location is absentee run and has a full time manager.

The business for sale is part of a franchise.  The purchase price of this location includes both the franchise fee, and franchise training fees which is a $25,000 value.  Training includes store manuals, and systems orientation as part of the package.  The buyer of this business would have the opportunity to develop locations in the San Luis Obispo County area, Santa Barbara County and Ventura County,  This presents an excellent opportunity for a new franchisee to grow.

The building and equipment is in great condition and a full equipment list is available upon request.

For more information please visit https://www.restaurantrealty.com/listings/4256/

General Information:
Organization:  Corporation
Year Established: 2016
Employees: Contact for Info
Reason For Sale:  Other Interests  

Financial Information:
Monthly Revenue: $103,345
Monthly Cash Flow: $11,630
Annual Revenue: $1,240,140
Annual Cash Flow: $139,568
Annual Payroll: Contact for Info

Square Feet: 1,820
Seating: Contact For Info
Parking: Parking Lot
Days/Hours of Operation: 11am - 8pm Daily
Facilities:Square Feet: 1,820 Seating: Contact For Info Parking: Parking Lot
Sale Reason:Other Interests
Ad #138928
Seller Reference #4256
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Contact This Seller
Steven D. Zimmerman, CBI, M&AMI, CBB, FIBBA
Restaurant Realty Company
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