657 Indian Hill Boulevard

    Pomona, CA 91767
    • $114,888
    • STATUS: Active
    • ON SITE: 86 days
    • ID#: CV19094213
    UPDATED: 3 min ago
    $114,888
    • 0
      BEDS
    • 3.8
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 58,411
      SQFT
    • $2
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    County:
    Area:

    School Ratings & Info

    Description

    FLAME BROILER FRANCHISE (Business Only / Lease Space) for sale. turn-key Koran style fast-casual restaurant. Clean and attractive, near new condition, fully built-out restaurant. Seats 20. List price = $114,888; Annual Gross Revenue (Feb 2018 - Feb 2019) = $206,518; Annual Net Income = $47,733. Royalty is 5% + 3% local advertising fee. Assignable long term lease = $3600 / month INCLUDES NNN! Sale includes fixtures, furniture and equipment. Store has potential to increase revenue by opening 2 to 3 more hours during the week and another 10 hours if new ownership opens on Sundays. Consumer traffic is 100% walk-in with no marketing. Add-in digital marketing such as Door Dash, Hub Grub and Uber Eats for additional sales. Take advantage of using 3% of monthly franchise marketing fee. Open parking with over 200 spaces. Immediate neighbors include anchor store El Super Grocery Market, Cricket Wireless, Baskin Robbins and EZ Pharmacy. Shopping center has been recently renovated for a clean, modern appearance. Seller's motivation is to seek other interests. Franchise purchase includes franchise corporate six weeks training and owner consulting for specified period.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-07-21T11:32:37.3. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.onqurealty.com/homes/94036689

    657 Indian Hill Boulevard Pomona, CA 91767

    • Price: $114,888
    • Status: Active
    • Updated: 3 min ago
    • ID#: CV19094213
    0
    Beds
    0
    Baths
    0
    ½ Baths
    3.8
    Acres
    58,411
    SQFT
    $2
    $/SQFT
    Neighborhood:
    687 - Pomona
    County:
    Los Angeles
    Area:
    687 - Pomona
    Property Description
    FLAME BROILER FRANCHISE (Business Only / Lease Space) for sale. turn-key Koran style fast-casual restaurant. Clean and attractive, near new condition, fully built-out restaurant. Seats 20. List price = $114,888; Annual Gross Revenue (Feb 2018 - Feb 2019) = $206,518; Annual Net Income = $47,733. Royalty is 5% + 3% local advertising fee. Assignable long term lease = $3600 / month INCLUDES NNN! Sale includes fixtures, furniture and equipment. Store has potential to increase revenue by opening 2 to 3 more hours during the week and another 10 hours if new ownership opens on Sundays. Consumer traffic is 100% walk-in with no marketing. Add-in digital marketing such as Door Dash, Hub Grub and Uber Eats for additional sales. Take advantage of using 3% of monthly franchise marketing fee. Open parking with over 200 spaces. Immediate neighbors include anchor store El Super Grocery Market, Cricket Wireless, Baskin Robbins and EZ Pharmacy. Shopping center has been recently renovated for a clean, modern appearance. Seller's motivation is to seek other interests. Franchise purchase includes franchise corporate six weeks training and owner consulting for specified period.
    Exterior Features

    Lot Size Units Acres Parking Total 200.00

    Interior Features

    Seating Capacity 20

    Property Features

    Accounting Type Actual Additional Parcels YN No Building Area Units Square Feet Business Name Flame Broiler Business Type FranchiseRestaurant Country Us Equipment Value 30500 Gross Operating Income 206518.00 Hours Owner Works 50 Inclusions FurnitureFixtures And Equipment Inventory Value 3000 Leasable Area 1200.00 Leasable Area Units Square Feet Lease Renewal Option YN Yes Living Area Source Public Records Lot Dimensions Source Public Records Minimum Down Amount 114888 Monthly NNN 780 Net Profit 47733 Number Of Full Time Employees 1 Number Of Part Time Employees 1 Operating Expense 158785.00 Professional Management Expense 0.00 Reason For Selling Owner Seeks Other interests. Total Actual Rent 2820.00 Year Established 1995 Years Current Owner 1 Zoning Pocc

    Listing provided courtesy of Gilberto Pacheco of Coldwell Banker Town & Country


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-07-21T11:32:37.3. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
    OnQu Realty
    9461 Grossmont Summit Dr. #D
    La Mesa CA, 91941