New Burger Franchise, Fast Casual RestaurantListing: #SV00077
About this Business for sale in Northern CaliforniaNew Burger Franchise, Fast Casual Restaurant
Rare opportunity to own a famous, well established, fast growing, and international gourmet burger franchise. This proven concept is in a stand alone building unit at a prime location with a large outdoor patio and with an exclusive parking lot in the rear. Less than 20 minutes to the Santa Cruz Beach Boardwalk, it is close to Highway 17 and 1, supermarkets, and other famous businesses. Extensive menu with a California Liquor License 41 Beer and Wine and different patty choices for falafel burger, dry-age beef, lamb, grilled-chicken, salmon, and vegan. Gift cards, popular delivery system, and new furniture are in place. Open 7 days a week. Rent: $5610, plus NNN. Lease will expire in December 2028 ,with the option to renew for an additional 10 years. The current partner is moving out of state so seller is considering all offers.
*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.