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Business for Sale Summary

Low Overhead Fast Food - Burgers, Fries, Gyros - 28958

Business Type: other eating & drinking places,other food stores,best deals!,new to market,restaurant/ cafes
Low Overhead Fast Food - Burgers, Fries, Gyros
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This business has received 17 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $119,000 Down Payment $119,000
Gross Revenues $122,954 Lease Remaining Register Free to View
Owner’s Cash Flow $60,330 Number of FT Employees Register Free to View

Financing

$119,000 Down and None.

Business Description

Low Overhead Fast Food - Burgers, Fries, Gyros in a College Town. This is ideal for a first time buyer, or someone seeking a simple, fast food business. The menu is very basic with all items a college student would want (burgers, fries, gyros, quesadillas, mozz. sticks, etc.). The business occupies a 168 sq. ft. space with a very basic kitchen (w.hood, grill and deep fryer). They receive a 99% rating on Grub Hub and Seamless. THE RENT IS ONLY $937.5/MTH. That's right, under $1k/mth. I have never seen a rent that low. In the past year the business grossed approx. $132,790.00 with a cash flow of approx. $70,166.00. THE FINANCIALS ARE VERY WELL DOCUMENTED! Business has doubled and profitability improved 5-6 fold in last 2 years and only working 5 days a week - opened 9 hours per day. All recipes come with the business. The owner is selling as he moving on to a larger business. The business is ideal for an owner/operator, couple or family. We are seeking a serious and financially qualified buyer with at least $119K in liquid funds. if you meet the criteria, please call 1-877-735-5224 for further information.

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.