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Business for Sale Summary

700 SF Quick Serve Rest. *PRICE REDUCED* - 31898

Business Type: other eating & drinking places,other food stores,must sell/drastic price reduction!,seller financing available,restaurant/ cafes/ diners
700 SF Quick Serve Rest. *PRICE REDUCED*
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This business has received 68 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $125,000 Down Payment $125,000
Gross Revenues $235,705 Lease Remaining Register Free to View
Owner’s Cash Flow $41,468 Number of FT Employees Register Free to View

Financing

$125,000 Down and THE SELLER WILL ENTERTAIN ANY REASONABLE OFFER!

Business Description

700 SF Quick Serve Rest. in Prime Location. *PRICE REDUCED* The current owner built this location from scratch just 2 years ago. The business is profitable, but this was built as a side project. The Owner doesn't have enough time to be there. THE SELLER WILL ENTERTAIN ANY REASONABLE OFFER! The equipment alone is worth over $200K and is less than 2 years old. In fact, the entire shopping center is only 3 yrs. old. You can keep the current concept or convert into another concept. The space is 700 sq. ft. with 26 seats. It offers a full kitchen with Ansul system and grill. There are 7 years left on the current lease at a rent of $4,500/mth (with only 3% annual increases) in a large shopping center with a major anchor store and great parking for over 100 cars. In the past year the business grossed approx. $235,705.11 with a cash flow of approx $41,468.00. YOU WOULD SPEND OVER $250K TO BUILD A LOCATION LIKE THIS FROM SCRATCH. We are seeking a serious and financially qualified buyer with at least $125K in liquid funds. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT SPEAK WITH ANYONE WHEN VISITING THE LOCATION. ALL MEETINGS MUST BE MADE BY APPOINTMENT ONLY.

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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.