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Business for Sale Summary [Non-Confidential]

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Nassau County, NY

Business Type: seller financing available,special situations,best deals!,new to market,retailing businesses,fast food franchise,other eating & drinking places,other food stores,restaurant/ cafes,misc. retail/non-classifiable

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Non-Confidencial Financial Infomation

  • Asking Price

    $220,000.00

  • Gross Revenues

    $490,000.00

  • Financing

    $ 145,000.00 Down and $75K over 4 yrs. @ 6%

  • Owner's Cash Flow

    $80,848.00

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Disclaimer: The information in these listings is provided by the Seller. Vested Business Brokers, Ltd. has not independently verified this information. Our Brokers are not authorized to make any representations or warrantees. You agree to hold Vested and its associated brokers harmless for any misrepresentations made by seller.

Business Description

National Fast Food Franchise in a Mall Food Court Location. This is a very well known name in the franchise business. This store has been established for 6 years. The current owner has been here for 2.5 years. He is currently a part time owner, coming to the store only 20 - 25 hrs. per week. A full time owner-operator is needed to cut down on payroll, waste, and possible theft. In 2011 Gross Sales were $531,650.00 with a Net Income of approx. $80,848.00. ALL NUMBERS GO THROUGH THE POS SYSTEM AND ARE COMPLETELY VERIFIABLE. A current franchise owner is preferred as the likelihood of being approved by the franchisor is much higher with previous experience. There are 7.5 years left on the lease with 3% increases. If you have owned or operated any type of franchise before and have at least $175K to cover down payment and working capital, call or email Mel Vaz to learn more at 631-909-1095 or mvaz@vestedbb.com.

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