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This Business has been Sold!
Closing Date: 05/31/2011
Broker: Syed Ahmed

Business for Sale Summary

Nationally Known Fast Food Franchise - 17990

Business Type: retailing businesses,fast food franchise,other eating & drinking places,restaurant/ cafes
Sold
Nationally Known Fast Food Franchise
On May 31st 2011, The Undersigned
Acted as the Advisor to the Deal
Syed Ahmed
Syed Ahmed 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 $60,000 Down Payment $60,000
Gross Revenues $265,000 Lease Remaining Register Free to View
Owner’s Cash Flow $84,600 Number of FT Employees Register Free to View

Financing

$60,000 Down and Negotiable

Business Description

This nationally-known food franchise is located at the corner of four extremely busy roads on Long Island. The present owner has owned it for thirteen years. The net cash flow, after deducting all the expenses, is $7,000 a month. The owner is also willing to finance to the right person. The place of business is spacious, with a large seating area. The business also has its own parking lot. The business, because of its age, always draws customers, throughout the day. A new owner will enjoy the stability of the business, and will have a decent return on their investment. It is a must own business for a person who is knowledgeable of the food business! Don't pass up this great business opportunity at a very reasonable price!

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.