Fast Food Franchise - 100% Employee Run - Short Business Hours

Woodland Hills, CA (Los Angeles County)

Fast Food Franchise - 100% Employee Run - Short Business Hours
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Asking Price: $225,000

Cash Flow: $114,281

Gross Revenue: $836,205

EBITDA: N/A

FF&E: $0

Inventory: $10,000*

Established: N/A

*not included in asking price.

Fast Food Franchise - 100% Employee Run - Short Business Hours

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Business Description

Fast Food Franchise - Fantastic Location - 100% Absentee Owned and Operated - Sh

Great opportunity to own a well-established, 100% absentee owned and employee operated, turn key, fully functional franchised restaurant in the very desirable and upscale community of Woodland Hills.

This business establishment with ample seating capacity including a large patio dining area attracts and predominantly caters to patrons during business lunch hour.

Additionally, current ownership dedicates almost no time and resources for advertisement and promotion of this business and most of its clientele is established repeat or referral, therefore, upside potential, additional revenues and resulting higher bottom line may be realized by actively engaging in advertisement campaigns and utilizing social media.

Sellers maintain a full complement of staff with high payroll related expenses.

Material Facts:
Profit & Loss Statement Period: Year 2019.
Total Gross Sales : $836,205.00

EBIDTA: $54,994.00.00
ADD Backs(Manager’s Salary): $47,300.00+-
ADD Backs(District Manager’s Salary): $12,000.00+-

Total Seller Discretionary Earnings(SDE) after Add Backs: $114,281.00+-

Financial data as normalized and recast assumes a full-time owner operator replacing current management structure.

Information contained within this Confidential Business Review is for year 2019. COVID-19 has caused fluctuations in business operations, including but not limited to gross revenues, operating expenses, hours of operations, number of employees and net profitability of this business.

This businesses strategic location ensures large volume of foot traffic from surrounding office buildings and major busy street location provides ample vehicle traffic to this establishment.

Clean books and records, 100% absentee ownership, full complement of staff, busy major street location along with opportunity for expansion and growth presents a great acquisition opportunity.

Detailed Information

Location:
Woodland Hills, CA
Inventory:
Not included in asking price
Facilities:
Woodland Hills, San Fernando Valley, Los Angeles County, Southern California.
Support & Training:
Provided by seller and franchisor.
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(from currently available funds)
 
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Mani Singh, CBB.

Business Listed By:
Mani Singh

TNW Business Brokers

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Merger and Acquisition Master Intermediary (M&AMI) is a professional certification awarded to Intermediaries who've achieve very stringent educational and professional requirements. M&AMI's agree to abide by an ethical code of conduct when working with business owners and buyers. Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

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Ad#:1753726

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