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Restaurant Franchise - Recently Remodeled

Location  California,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $1012721
Net Profit / Cash Flow  $149618
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  1980
Number of Employees  10 - 19
Relocatable  Not Disclosed
Number of Employees  10 - 19
Real Estate  Owned
Training  2 weeks at 20 hours/week.
Reason for Sale  Consolidating restaurant holdings.
Description  Just needs an owner/operator who relates to the community to build sales and profits. Excellent facility recently remodeled to comply with the latest franchise ''look and feel'', shows very well. Building has new tile roof 2 years ago. New range, grill and griddle in the kitchen, which also has 2 ice machines so you are never out of ice. All new sewer line throughout the kitchen and rest of building all the way to the street. New HVAC last year. Very experienced staff: chef 25 years at this location and most of the staff here more than 10 years. This is a very good business with upside for an owner/operator. The present owner has 7 restaurants spread out over Northern California and is rarely present.
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