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London Bridge

  • Listing No.: 115-11059

  • Category: Food - Restaurant

Asking Price $138,500.00
Down Payment $138,500.00
Gross Revenue $196,815.00
Total Adjusted Net Income $42,000.00
Equipment / Fixtures $25,000.00
Year Established 2013
General Location London Bridge
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Location, Location, Location!! Established Family Owned, Non-Franchise Sub Shop in Lake Havasu City. This shop has been in this location for over 6 years. A short walk to Lake Havasu's most famous landmark and close to the water, boaters can pre-order their boater special packages or come into the well-decorated shop in a very busy shopping center. This independent restaurant is a healthy alternative to the other franchise fast food restaurants in the area. Great patio with outdoor seating. Seller spent $100k on this fabulous build-out and restaurant equipment. This shop is well-run and has great social media reviews. Plenty of growth potential to expand catering and events business as well as within the boater community. Owner is retiring and must sell. Call today!

Gross Revenue $196,815.00 Listed Price $138,500.00
Total Income $42,000.00 Down Payment $138,500.00
Base Rent $1,545.00 Square Feet 1000
Total Rent $1,850.00 Lease Expiration 6/2023
Rent Deposit $1,500.00 Lease Options N/A
Inventory $3,000.00 Leasehold Improvements $100,000
Equipment / Fixtures $25,000.00 Other Assets
Full-Time Employees Training Period 2 weeks
Part-Time Employees 4 Special License Required
Contract Staff Reason for Selling Health Issues

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.