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Business for Sale Summary

Burger Restaurant In Suffolk County, NY - 30846

Business Type: other eating & drinking places,other food stores,restaurant/ cafes
Owner Financing
Burger Restaurant In Suffolk County, NY
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Financial Information (non-confidential)

General Information
Asking Price $155,000 Down Payment $77,500
Gross Revenues $400,000 Lease Remaining Register Free to View
Owner’s Cash Flow $78,000 Number of FT Employees Register Free to View

Financing

$77,500 Down and $77,500 at 5% over 36 Months

Business Description

This is a great business, located in a great part of town in Suffolk County, NY. It has a great full fast food menu, and is a very easy operation to run. The business is grossing $400,000 a year, with an owner's cash flow of $78,000 a year, plus $52,000 owner/operator pay. Store is 1300 sq. ft., plus a full basement. The restaurant has two cooking areas. The rent is only $2,200 a month with seven years remaining on current lease, plus an option. Business has seven part-time employees and three full-time employees. The store has a great camera system and POS system. The store is being run almost fully on an absentee basis. This one is a must-see. Please contact the broker at 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. kg

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.