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Freestanding profitable Fast Food on Olympic Blvd in L.A.

Freestanding profitable Fast Food on Olympic Blvd in L.A.

2022 net sales ave. $131,000 through July due to lack of attention this year from seller this year. Recently started paying attention again and the Sales rebounding now.

Busy Main Street corner location in unincorporated LA County. Freestanding Drive-thru restaurant building. Seller completely remodeled the inside and outside of the building in 2019, including a complete new roof, Stucco wrap the whole building, new parking lot, new equipment package and all the interior and exterior decor. Seller spent approx $550,000 on this complete remodel in 2019. Amazing Signage that lights up like you're in Las Vegas. 

Fully Employee run business with a manager in place. Currently the Owner only handles the paper work and bill paying. Payroll mentioned herein includes payroll tax, and a Manager at $60k per yr. which can be saved by an Owner Operator. An engaged Owner can increase sales and net income simply by being active in the daily operations, This smaller footprint store has less overhead to operate and is much easier to manage.

Business name is included for this location only. 

LONG LEASE. RENT IS ONLY 5% OF SALES

$650,000 or offer