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IRVINE High Volume Restaurant Franchise For Sale


THIS IS AN ASSET SALE: KEY MONEY PRICE: $650,000.00

KEY HIGH VISIBLE - MAJOR BLVD. ORANGE COUNTY LOCATION !!!
* Irvine (Heritage Plaza)
* Unit Also Available As An Asset Sale
* P&L's for store available

DEAL POINTS:
* 2021 & 2022 Annual Gross Sales: $ Call Agent
* 2021 2022 EBITDA: $ Call Agent
* Premises Area: 3,082sf w/ Patio
* Rental Rates: CALL AGENT
* Inventory: Available at cost in addition to price.
* Seller will provide detailed financials 2019, 2020, 2021, & YTD 2022 with signed NDA
* 2020 Sales remained strong outperforming 2019 due to lower labor costs, higher TO sales. 2021 and 2022 sales trended upwards.

RESTAURANT HIGHLIGHTS:
- All Fully Equipped Modern Kitchens with Hoods, Grease Interceptor, & FF&E
- Growing Customer Base & Revenue
- Take Over Successful In Place Franchise Concept or Make It Your Own
- ABC Type 47 License Included (Irvine)
- Double Grocery Anchored Dominant Shopping Center With Parking!
- Join Other Top Restaurant Co-Tenants In the Country
- Stores in Locations with 1000’s of Daily customer traffic
- Established Franchise Full Turnkey operation
- Seller Will Provide Training
PLEASE DO NOT SPEAK WITH EMPLOYEES

Listed By: Senthil Kumar

Background information

Reference:

trtertr

Year established:

1998

Reason selling:

Original and largest Franchisee retiring after 30+ years.

Finance

Sales:

$1,800,000

Operations

Equipment:

N/A

Premises

Facility:

Store boasts a full, well maintained, and updated kitchen complete with hood(s), walk-in Refrigerator & Freezer, mixers, grills, griddles, fryers and full FF&E compliment with multiple hoods. Food is made fresh daily from scratch in all locations. Location has a Type 47 ABC license permitting beer, wine and spirit sales on premise and are included in the price.

Rent and lease terms:

$12,328 per Month

Location:

Irvine, CA

Opportunities

Growth:

Store allows for nimble serviceable footprint of operations and cost controls. Location is designed to maintain seating for high volume yet efficient kitchen operations and staffed with loyal well motivated employees many of which have had a long history at the location and would likely stay post closing allowing for continuity of operations.

Price and terms

Price:

$650,000

Training:

Seller will provide Four (4) weeks of training included in the Purchase Price. Upon Franchisors approval of the sale from the Seller to the Prospective Buyer, Buyer may be required to pay a 1 time transfer fee to Franchisor per store.