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Business for Sale Summary

Gourmet Food 2 Location in Kings County, NY - 29230

Business Type: fast food franchise,other eating & drinking places,absentee business,new to market,restaurant/ cafes
 Gourmet Food 2 Location in Kings County, NY
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Financial Information (non-confidential)

General Information
Asking Price $450,000 Down Payment $450,000
Gross Revenues $900,000 Lease Remaining Register Free to View
Owner’s Cash Flow $150,000 Number of FT Employees Register Free to View

Financing

$450,000 Down and None.

Business Description

Quick Serve Gourmet Food - 2 PRIME LOCATIONS - PACKAGE DEAL. This is a gourmet, quick serve business that has been established for over 5 yrs. with a very loyal and growing clientele. The 2 locations are fantastic. They offer some seating plus counter in a 450 sq. ft. space and a 350 sq. ft. space. The stores have passed the initial tests for franchising with food sourcing, easy to duplicate menu, professional logo and website. Each location is profitable with a general manager in place. The business is run on a very part-time basis by the current owner. In the past 12 months the combined gross sales were approx. $900,000.00 with a net income of approx. $150,000.00 (for a very part-time owner). This is ideal for a restaurateur or owner/operator looking to run with the concept. It is also a good fit for a buyer experienced in building a franchise concept. We are seeking a buyer with at least $450k in liquid funds. Call Mel Vaz today 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.