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Business for Sale Summary

Fast Food - Non Franchised - 28950

Business Type: best deals!,new to market,seller financing available,restaurant/ cafes
Fast Food - Non Franchised
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This business has received 33 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $149,000 Down Payment $90,000
Gross Revenues $360,448 Lease Remaining Register Free to View
Owner’s Cash Flow $60,203 Number of FT Employees Register Free to View

Financing

$90,000 Down and $59K over 4 yrs. @ 6%

Business Description

Tex Mex Fast Food - Non Franchised. Gorgeous facility and branding. This business offers a modern, yet mid-western decor and fantastic food. They keep the menu simple with staples such as tacos, burritos and nachos. They do not offer delivery. That is a tremendous opportunity. The overhead is low. RENT IS ONLY $3,000/mth. WITH 13 YEARS REMAINING ON THE LEASE and only 3% annual increases. The space is 1,700 sq. ft. with seating for 16. There have a full kitchen, but no liquor license. In the past year the business grossed approx. $390,000.00 with a cash flow of approx. $60,000.00. This business is deal for an owner/operator or family. We are seeking a serious and financially qualified buyer with at least $90K to cover the downpayment and some food service experience. If you meet the criteria, please call 1-877-735-5224.

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.

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.