BurgerIM Franchise For Sale – County of San Bernardino, California
BurgerIM Franchise For Sale in the County of San Bernardino, California area for $250,000! Asset sale! Newly built franchise opportunity, currently grossing an estimated $578,800. BurgerIM serves gourmet hamburgers, chicken, milkshakes and sides. Includes all new kitchen equipment and restaurant fixtures with an estimated value of $100,000. Great location in a large plaza in a fast growing area with surrounding retail stores, restaurants, a dentist, grocery store, and much more! Plenty of opportunity to increase revenue. New owner will need to be approved by the landlord and franchisor.
Frequently Asked Questions:
What is the current gross revenue for this restaurant?
The current gross revenue being generated is estimated at $578,800.
How does the restaurant profit?
Current profits are generated from the gross revenue, minus food purchases, payroll, supplies, and operating expenses. This will determine your net/cash flow.
Can I finance this restaurant?
There is no seller financing. This business may qualify for a business or SBA loan. If financing is needed for startup cost you can review additional Financing Options Here.
What is required in order to qualify for purchase?
Typically, most franchise restaurants will have liquidity and net worth requirements (to be determined on an individual basis by franchisor), require the buyer to attend an interview for approval, background check, and in most cases, require you to form an entity such as an LLC or Corporation to purchase. This not only protects the company, but also ensures protection of your business. If you need help forming this, we recommend that you Form A Corporation Here.
What are my expenses and overhead for a restaurant business?
Expenses will vary for each restaurant owner depending on the type of restaurant, number of employees, and location. Current expenses for this owner include: payroll, payroll taxes, franchise fees, advertising, supplies, food, utilities, repairs and maintenance, uniforms, bank and professional fees/charges, property rental fees, permits and licenses, phone and internet, and insurance.
What type of insurance do I need?
In most cases restaurant owners will need a minimum of the following insurance policies: business liability, worker’s compensation and business property insurance. Restaurants For Sale now offers discounts on insurance! Through our size and volume, we have partnered with some of the largest insurance brokers in the nation to offer the best rates. Request Your Free Insurance Quote Here.
Is the restaurant property owned or leased?
Currently the owner leases the property. Lease terms remain for 9 years. New owner must be approved by the landlord. Note: New buyer will sign lease terms with the property owner.
Where is the restaurant located?
Located in the County of San Bernardino, California. Physical address will be released to qualified buyers upon execution of an NDA.
What type of equipment is included with the sale?
Current list of equipment includes: fryers, Nieco broiler, kegerator, grill, refrigerators, serving line, racks, furniture, and more. Estimated value is $100,000.
What is the size and how many customers can this restaurant seat?
Restaurant is 1900 sq. ft.and can seat 44 inside and 30 outside.
Does this restaurant currently have a beer or liquor license?
Yes, there is a beer/wine license included with this sale.
Does this restaurant offer drive-thru or delivery service?
There is no drive-thru or delivery service offered.
How long has the seller owned the restaurant?
Seller has owned this restaurant for under 1 year.
Why is the owner selling?
Owner is selling due to health issues.
What are the hours of operation?
This restaurant operates from 11am – 10pm Sunday through Thursday and 11am – 11pm Friday and Saturday.
What else should I know?
Newly built franchise opportunity in a great location! Includes the cost of all equipment. Plenty of opportunity to increase revenue. Priced at $250,000. For additional information and to evaluate this business further Contact Us About This Restaurant Here!
Disclaimer: Restaurants For Sale is a Restaurant Broker that brings buyers and sellers together. Restaurants For Sale does not represent, or is not affiliated with the company or franchise being offered. All agreements are made between the buyer and seller and not Restaurants For Sale. It is the prospective Buyer’s duty and obligation to verify the accuracy of the Seller’s representations and if necessary retain attorneys, accountants, business appraisers, or other professionals. The representation of income is based on the efforts of the current owner. As with any business you can make more or less.
California County of San Bernardino California United States