Gourmet Burgers Restaurant

Gourmet Burgers Restaurant

Available

$550,000.00

Listing Number :

 3763

Status :

Expired

Price :

$550000

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Area

2700+450

Description

Franchise Fast Food Restaurant on a 2,700 sq.ft. with 450 sq.ft. Patio Space for Sale. This newly built Restaurant is located in a busy Strip Mall with many anchor stores and eatery places around which creates a lot of foot traffic. Base Rent + NNN are about $9,100/m. Seller claims his Gross Annual Income is about $588,000 and he also claims his Net Income is about $80,000.00 a year.

3763

Business Information Financial Information
Ownership Type:  Corporation
Year Established: 2018
Year Purchased: 2018
Business Type: Franchise Fast Food
License(s) Required: Business, Heath
Hours of Operation:
Business Relocatable: No
Business Is A Franchise: Yes
Home Based: No
Broker To Broker CoOp:  No
Office Listing Number: 3763
Date Available: 08/19/2019
Reason For Sale: Other Interest
Annual Total Revenue: 588,000
Annual Net Income: 80,000
Inventory:
Monthly Payroll: 10,000/m
Lease Information
Base Rent: 9,100/m
Lease Expires:
Lease Option:
NNN: Included
 
Financing Information
Down Payment: 550,000
Owner Will Carry:
Other Finance Terms:

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