Drive-thru Fast Food Restaurant

Santa Barbara County, CA

Drive-thru Fast Food Restaurant
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Asking Price: $325,000

Cash Flow: $108,000

Gross Revenue: $1,000,000

EBITDA: N/A

FF&E: $0

Inventory: N/A

Established: 2012

Drive-thru Fast Food Restaurant

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Business Description

100% Employee run business.
Freestanding Drive-thru building with a long drive-thru stacking lane.
Newly remodeled inside and out.
Business averaged $95,000 per month net sales in 2019 and up to Covid starting. Business hours then were 7am - 9pm daily. May 2019 net sales of approx. $84,000 and seller shortened the hours and does not currently sale breakfast. Net profit not effected with the shorter hours. Seller will continue with the shorter hours of 10:30am-8pm and no breakfast until business is sold. Buyer can increase sales with working in the business and serving breakfast. Business name is not included.
Located in a small Coastal town in Santa Barbara County nearby a large Federal Government Facility that employees approx. 18,000 government and public employees. The town has a population of over 10,000 people and a High School (very close by) with an enrollment of over 1100 students. Next nearby town (less than 5 minutes away) has over 43,000 population.
Real estate available for an additional $1,250,000. Approx 27,878 SF of land.

Detailed Information

Location:
Santa Barbara County, CA
Employees:
15
Facilities:
Approx. 2300 SF freestanding drive-thru restaurant building.
Competition:
currently only selling Lunch and Dinner. Pre-Covid this business was also selling breakfast. Open for breakfast and add an additonal 30% to the sales.
Support & Training:
As Needed
Reason for Selling:
Has other businesses to attend to.
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(from currently available funds)
 
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Suzie Sales

Business Listed By:
Suzie Sales

UBI Business Brokers

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