Restaurant

Restaurant

Expired

$200,000.00

Listing Number :

 3985

Status :

Expired

Price :

$200000

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Area

2000

Description

Popular restaurant with the locals well known for their hamburgers, hot dogs and French fries plus sandwiches, salads, milkshakes, and sodas.

Approximately 2000 square foot premise with base rent $5061. The current 5-year lease expires late this year with options for new owner.

Currently the owner-operator works full time with 1 cashier and 2 cooks preparing and serving to go food only due to Covid-19.

Some of the fixtures and equipment includes 2-door Traulsen Refrigerator, 2-door True Freezer, Kool Aire Ice Maker, Taylor soft-serve & milkshake maker, Ember Glo bun steamer, Ice Cream freezer, 3 burner grill, 1 Dean and 1 Quality deep fryer, US Refrigeration cold deli prep table, and more.

Open 7 days a week, 10:30 am to 8:00 pm

#3969

Business Information Financial Information
Ownership Type:  Sole Partnership
Year Established:
Year Purchased:
Business Type: Restaurant
License(s) Required: Business, Health
Hours of Operation: 10.30-8.00/ 7 x days a week
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp:  No
Office Listing Number: 3985
Date Available: 6/7/2020
Reason For Sale:
Annual Total Revenue: 240000
Annual Net Income:
Inventory:
Monthly Payroll:
Lease Information
Base Rent: 5061/m
Lease Expires: 2020
Lease Option: 1 x 5 years option
NNN: 553/m
 
Financing Information
Down Payment: 200000
Owner Will Carry:
Other Finance Terms:

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