Drive-Thru Cafe & Bldg: Absentee, Income over $465K, Prc $4.8 mil - Business for Sale
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Drive-Thru Casual Restaurant with Real Estate in Indio, CA
Indio, CA, US
Added 26 days ago
Drive-thru restaurant and cafe
12 years in business
Absentee / Semi-Absentee
Freestanding drive-thru casual restaurant with real estate, operating since 2014 in Indio, CA, serving residential and business customers and currently run absentee.
Key Information
Asking
$4.8M
Revenue
$2.4M
Earnings
$466K
Multiple
10.3x
Key Highlights
- Business-only price: $1,300,000 with lease terms of $15,000/month plus NNN, 3% annual increase, 5 + 5-year term (negotiable)
- Cost of goods sold: approximately 34.5%
- Business established in 2014 (12 years in operation as of listing date)
- Business operates absentee with 16-18 employees
- Property size: ~3,301 sq. ft. building on ~0.8-acre lot, built in 2008
- Property valuation: $3,500,000 (subject to market comps), with a reported $180,000 NOI and approximate 5.14% cap rate
- Operating hours: 6:00 AM - 11:00 PM daily
Contact Info
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