Fast Food Restaurant with Drive Thru in LA CountyListing: #LA04607
About this Business for sale in CaliforniaFast Food Restaurant with Drive Thru in LA County
Well established Free Standing Fast Food Restaurant located in a corner intersection on a major street in LA County. The business has been established for 35 years and the current owner has owned the restaurant for 13 years. This restaurant has a large monument sign and is highly visible since it is located in a high traffic location with drive-thru. Most of its customers are repeat customers with over $1 million in revenue yearly. The new lease is for 10 years in addition to a 2x5 year option with reasonable rent available. Owner wants to retire.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.