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#1927
Tacoma Restaurants For Sale

Old School Burger Place - Clean and 43 Years Old-Drive Thru

$144,000
Old School Burger Place - Clean and 43 Years Old-Drive Thru
This Listing is Expired
SellingRestaurants presents this 43 year old burger restaurant, there is a reason it has been around for 43 years, it's terrific, popular and makes cash! These kind of businesses don't come around very often so when they do they are a gem. It is a full service drive through burger and espresso stand with inside seating. The building and equipment are immaculate. Comes fully over furnished including POS and headset system. The menu board and speaker are setup for ordering ahead. It has complete hood, grill, fryers and hi tech ordering system complete with a receipt for the outside of the customers bag. Also included a three type soft serve machine, an automatic espresso machine, many fridges and freezers. Square footage is about 900 square feet on the inside of building and complete parking lot with outside picnic area. Some big names have come to the neighborhood in the last 10 years and hasn't even phased this place. You need to see it, taste the food and the "secret family recipes", then decide for yourself.

This is an Add Value Alliance, Inc. Listing.
Agent Mary Keller Wynn

Lease

Region:
Tacoma Restaurants For Sale
Lease Term:
Expires November 2018 + 5 year option
Total Monthly Rent:
$1,200

Financials

Last Year's Annual Gross:
$471,996
Last Year's Food Cost %:
44%

Operations

# of Part-Time Employees:
9
# of Family Employees:
1
Hours Open:
7am to 8pm Monday through Sunday
Year Established:
1968
Hood System Type 1:
Yes

Facilities

Indoor Seating:
20
Outdoor Seating:
8
# of Parking Spots:
20
Inside Sq. Ft.:
900
Outside Sq. Ft.:
200

Highlights

  • Old Fashioned Hamburgers Keep them coming Back
  • Traffic Volume Crazy, Right of 1-5 exit, entrance
  • Deep Fryers, Grills, Hood, Automatic Espresso Machine
  • Entrance to a Popular Washington State Tourist Attraction
  • Rent averages 3% of sales, that is below normal
  • Fully Equipped Kitchen with all the amenities to Keep up with the Demand
  • Keep History Rolling, Be a part of This Local Hangout
  • Immaculately kept Restaurant
  • Outside Seating area is large and could even be Expanded on
  • Signage on Building and on Street
  • You can continue on with the Tradition and name or create your own
  • 8 car Drive thru Stack up

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 3-mi. 5-mi
2014 Total Population 8,364 9,823
Households 3-mi. 5-mi
2010 Number Of Households 3,528 4,070
2010 Persons Per Household 2.58 2.59
Median House Value $203,600 $199,671
Income Per Household $57,532 $57,315
Businesses 3-mi. 5-mi
2009 Number Of Businesses 141 155
2012 Number Of Employees 1,708 1,708
2012 Total Annual Payroll $22,252,000 $26,285,000

click for more demographic info

Disclaimer

DISCLAIMER: The User (that's you reading this) of this Website understands that Robert Lee Tade. ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it in addition to seeking professional advice from an attorney as well as a CPA.  In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate (if included in the sale), its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings.  Any decision by User to purchase the Business shall be based solely on User's own investigation and the User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User and User should often review the listing on the website to keep up to date.

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