1. Home
  2. Businesses for Sale
  3. New York
  4. Retailing Businesses
This Business has been Sold!
Closing Date: 11/28/2011
Broker: Jim Aloi

Business for Sale Summary

Burger Franchise - 19928

Business Type: seller financing available,special situations,best deals!,must sell/drastic price reduction!,absentee business,new to market,retailing businesses,fast food franchise,other eating & drinking places,restaurant/ cafes
Sold
Burger Franchise
On November 28th 2011, The Undersigned
Acted as the Advisor to the Deal
Jim Aloi
Jim Aloi Senior Broker
Servicing: Bronx County NY, Kings County NY, Nassau County NY, Suffolk County NY
Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1(877) 735-5224 to discover the difference that is Vested Business Brokers.

Financial Information (non-confidential)

General Information
Asking Price $125,000 Down Payment $125,000
Gross Revenues $714,381 Lease Remaining Register Free to View
Owner’s Cash Flow $81,303 Number of FT Employees Register Free to View

Financing

$125,000 Down and Negotiable

Business Description

Well known up scale, quality hamburger, shake, & food franchise located in shopping center in prestigious location with unlimited parking. This 2500 square foot sit down, unique listing is established 6 years & located in Nassau County. Build out cost $700k always run absentee by professional seller/owner. Seller is too busy & wants out. This profitable store has 100% fully stated sales! Absentee seller earned $80k after paying full time manager last year. Hands on owner can greatly increase sales. This franchise operates at a 25% food cost. Buyer can open more locations, do more advertising, operate hands on, offer delivery, offer some catering as well as more promoting. Great hours - open 11:30-8pm seller also has beer & wine license. PLEASE HURRY SELLER WILL HOLD NOTE. PROOF OF FUNDS A MUST QUALIFIED AND SINCERE BUYER'S ONLY!!!! ONLY 5 1/2 PERCENT FRANCHISE & ADVERTISING COST. Profit & loss Statement on file for 2010 Rare find - LOCATION, LOCATION, LOCATION! Must see to appreciate!!!!! 10 year lease. Contact broker Jim Aloi for this under priced fantastic listing. ACT NOW DO NOT DELAY!

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.