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Asking Price$199,000
Revenue$235,705 Established2017
Cash Flow$41,468 Employees3 full-time
FF&E$100,000 FranchiseNo
Inventory$5,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
700 SF Quick Serve Rest. in Prime Location. The current owner built this location from scratch just 2 years ago. The business is profitable, but this was built as a side project. The Owner doesn't have enough time to be there. The equipment alone is worth over $200K and is less than 2 years old. In fact, the entire shopping center is only 3 yrs. old. You can keep the current concept or convert into another concept. The space is 700 sq. ft. with 26 seats. It offers a full kitchen with Ansul system and grill. There are 7 years left on the current lease at a rent of $4,500/mth (with only 3% annual increases) in a large shopping center with a major anchor store and great parking for over 100 cars. In the past year the business grossed approx. $235,705.11 with a cash flow of approx $41,468.00. YOU WOULD SPEND OVER $250K TO BUILD A LOCATION LIKE THIS FROM SCRATCH. We are seeking a serious and financially qualified buyer with at least $185K in liquid funds to cover the $150K down payment and $35K rent security. To learn more, please call or email Mel Vaz today at 877-735-5224 or melvaz@vestedbb.com. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT SPEAK WITH ANYONE WHEN VISITING THE LOCATION. ALL MEETINGS MUST BE MADE BY APPOINTMENT ONLY.
Training/Support:Yes
Sale Reason:Time Constraints
Ad #108760
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Mel Vaz
877-735-5224
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