Franchise Breakfast and Lunch Restaurant established since 2007 located in Livermore, CA.
This is a fantastic opportunity to purchase a well-established franchised breakfast and lunch restaurant in Livermore. The restaurant has been continuously operated since 2007. The current franchisee has owned the restaurant since 2012.
The restaurant is approximately 3,100 SF and has a family friendly environment with tables and booths, a substantial kitchen and convenient parking in front of the restaurant. The restaurant also enjoys signage to a major highway and good access to local businesses and growing residential.
The franchise is California based and family owned. The first restaurant started about 30 years ago and has grown to approximately 20 locations throughout Northern and Central California. The restaurant is well known for its hearty "made from scratch" American food offered at a good value. The combined monthly royalty and advertising fees are quite moderate at only 2.75%.
The restaurant is being run absentee with a full time manager. However, the potential buyer would be well served to be a handís on full time owner operator to build business. Owning a breakfast and lunch restaurant that closes at 3 PM daily offers the owner the opportunity to have their nights free which is a real plus in the restaurant business. The Buyer will receive training.
Term to August 31, 2022 + Two (2) five year options at fixed rent.
Monthly Rent: $11,082 (fixed through August 31, 2022.
Monthly NNN $2,800
Options: First five year rent: $13,409.83
Second five year rent: $14,750.81
This is a confidential sale, please do not disturb the employees.