Burger Franchise - 19928 Business Type: owner financing available,must sell/drastic price reduction!,absentee business,fast food franchise,other eating & drinking places,restaurant/ cafes/ diners
Acted as the Advisor to the Deal
Suffolk County, NY
Kings County, NY
Bronx County, NY
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.
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