Restaurant

Restaurant

Available

$170,000.00

Listing Number :

 3597

Status :

Expired

Price :

$170000

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Area

1500

Description

This is 1,500 sq.ft. Restaurant located In busy part of town close to residential, schools and high schools. Business started in 2014 and it has been under the same owner since 2014.  Seller claims his Gross Annual Sale is about $312,000. He also claims his Annual net income is about $90,000. There are 18 to 20 Seating inside and Kitchen is equipped with Hood Type 1and Annual System.

3597

Business Information Financial Information
Ownership Type:  Corporation
Year Established: 2014
Year Purchased: 2014
Business Type: Restaurant, Fast Food
License(s) Required: Business, Health
Hours of Operation: 11am-8.30pm /Mon-Sat.
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp:  No
Office Listing Number: 3597
Date Available: 12//2018
Reason For Sale: Health Issue.
Annual Total Revenue: 312000
Annual Net Income: 90000
Inventory: 4000-7000 Currently
Monthly Payroll: 4000/m
Lease Information
Base Rent: 2000/m
Lease Expires: August, 2019
Lease Option: 5
NNN: 800/m
 
Financing Information
Down Payment: 170000
Owner Will Carry:
Other Finance Terms:

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