A very popular 1950's hamburger franchise sit-down restaurant in AGOURA HILLS. The business, owned by Auto Outlet, Inc, was sold to Forever Clean, Inc for $750,000.00
October 22, 2005 (Press Release) --
AGOURA HILLS, Calif., October 14, 2005-Kismet Business Brokers, a leading business broker in the Southern California area, today announced that Kismet Business Brokers has brokered the sale of JOHNNY ROCKETS, a very popular 1950's hamburger franchise sit-down restaurant in AGOURA HILLS. The business, owned by Auto Outlet, Inc, was sold to Forever Clean, Inc for $750,000.00
The new owner from Forever Clean, Inc - Mr. Fred Talehakimi, says, " I am very excited to be part of the Johnny Rocket Group and happy to be serving the public in this area the way they deserve to be served."
'Food related businesses are in high demand at this time and buyers are now able to take advantage of our increasing inventory to select the business that best meets their requirements," said Willard Michlin, the broker at Kismet Business Broker that handled the sale. He is a member of the California Association of Business Brokers (CABB) and the International Business Brokers Association (IBBA). According to a recent survey by CABB, the number of small to medium sized businesses for sale in California has increased 22 percent, providing a large inventory of businesses for buyers.
This Johnny Rocket was established in 1994. It is a well-established business with consistently increasing income for 12 years. It seats 50 people inside and 20 outside and has 8 full time staff that have been with the business for a long time. According to the seller, there are no other Johnny Rockets restaurants being opened in California, so these are highly valued businesses.
Kismet Business Brokers, a subsidiary of Kismet Real Estate Investments, Inc., is a California licensed business brokerage that operates mainly in Southern California at this time. It has been in the real estate business for over 30 years and its broker, Willard Michlin, has over 35 years experience in real estate and business transactions.
The new owner from Forever Clean, Inc - Mr. Fred Talehakimi, says, " I am very excited to be part of the Johnny Rocket Group and happy to be serving the public in this area the way they deserve to be served."
'Food related businesses are in high demand at this time and buyers are now able to take advantage of our increasing inventory to select the business that best meets their requirements," said Willard Michlin, the broker at Kismet Business Broker that handled the sale. He is a member of the California Association of Business Brokers (CABB) and the International Business Brokers Association (IBBA). According to a recent survey by CABB, the number of small to medium sized businesses for sale in California has increased 22 percent, providing a large inventory of businesses for buyers.
This Johnny Rocket was established in 1994. It is a well-established business with consistently increasing income for 12 years. It seats 50 people inside and 20 outside and has 8 full time staff that have been with the business for a long time. According to the seller, there are no other Johnny Rockets restaurants being opened in California, so these are highly valued businesses.
Kismet Business Brokers, a subsidiary of Kismet Real Estate Investments, Inc., is a California licensed business brokerage that operates mainly in Southern California at this time. It has been in the real estate business for over 30 years and its broker, Willard Michlin, has over 35 years experience in real estate and business transactions.
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