Fast Food Burger Place

Fast Food Burger Place

Expired

$80,000.00

Listing Number :

 3556

Status :

Expired

Price :

$80000

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Area

1650

Description

This fast food burger restaurant is a free standing building with a drive thru located on a busy street close to a major grocery store. Semi absentee owner, mostly run by employees. The seller claims a total monthly sales of $25,000 to $30,000 and a monthly net income of $6000.00. Great income generator for an owner operator. The current monthly rent is $2900.00; the lease is coming to an end soon which has a 5 year option and ready for re-negotiations. They serve Burgers, Sandwiches and side items. Easy to manage and operate.

3556

Business Information Financial Information
Ownership Type:  Sole Partnership
Year Established: 2014
Year Purchased: 2014
Business Type: Fast Food Restaurant
License(s) Required: Business, Health
Hours of Operation: 11am-9pm / 7 x days a week
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp:  No
Office Listing Number: 3556
Date Available: 10/3/2018
Reason For Sale: Moving out of Area
Annual Total Revenue: 300000
Annual Net Income: 72000
Inventory: 4000-5000 currently
Monthly Payroll:
Lease Information
Base Rent: $2900/m
Lease Expires:
Lease Option: 5 years
NNN:
 
Financing Information
Down Payment: 80000
Owner Will Carry:
Other Finance Terms:

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