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Business for Sale Summary

Two Food Franchises for sale in Suffolk County - 33819

Business Type: misc. retail/non-classifiable,other eating & drinking places,other food stores,restaurant/ cafes/ diners,seller financing available,fast food franchise
Owner Financing
Two Food Franchises for sale in Suffolk County
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This business has received 56 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $398,000 Down Payment $175,000
Gross Revenues $626,879 Lease Remaining Register Free to View
Owner’s Cash Flow $0 Number of FT Employees Register Free to View

Financing

$175,000 Down and $223K over 5 yrs. @ 6%.

Business Description

Two Concept QSR Franchise Package. Seller financing offered! This deal includes 2 national franchises that are next door to each other in the same building. One is a growing burger franchise with locations all over the US and overseas. The second franchise offers Acai bowls and other healthy quick serve options. The only reason for the sale is due to the owner's illness. No expense was spared in building out these state-of-the-art facilities. The have only been open for 2 years, but have shown growth despite the pandemic. They are located across the street from a major public high school which has been closed due to Covid. It will open for the coming school year. That should bring significant growth on top of the current trends. In the past year the combined gross sales were approx. $626,879.00. The business currently has 2 F/T and 1P/T employee. The busiest times for the business are the lunch rush and dinner. We are seeking a serious and financially qualified buyer with at least $175K in liquid funds to cover the down payment. To learn more, please call, text or email Mel Vaz today at 631-767-0157 or melvaz@vestedbb.com. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!

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.