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Businesses For Sale   >>   Restaurants and Fast Food (Non-Franchise) Businesses For Sale

Iconic Fast Food Business For Sale

Location  California,United States
Asking Price Range  $2.5M - $5.0M
Gross Revenues  $1776906
Net Profit / Cash Flow  $638600
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1953
Number of Employees  10 - 19
Inventory  1
Relocatable  No
Number of Employees  10 - 19
Real Estate  Leased
Training  Seller will provide training.
Reason for Sale  Retirement.

Description  
This business opportunity has the potential to be a very strong baked goods/fast food/coffee shop brand that could significantly grow and expand, either by branching out to multiple locations or by franchising. Annual gross sales have increased every year, since 2011. 2014's revenue is expected to be a record-breaker. A beloved Los Angeles 24-hour fast food business that has been around for decades. A landmark that has its own cult following of repeat customers. Owners are happy with the business, but they envision bigger things, and would like to see an experienced management team to take this famous name to the next level. They are considering retirement. Price will be determined by best offer and will be in the (millions). Serious inquiries only. Buyers must show proof of funds and describe qualifications to purchase. Don't miss this very rare opportunity to own a successful, highly profitable and promising business and brand! Please contact Mina Singson (Restaurant/Bar Broker) at 310-882-2200 ext 125 for more information.


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