6 Day Industrial Park Food Court - 23766 Business Type: convenience store,card shop/stationery store,delicatessen/catering services,fast food franchise,other food stores,restaurant/ cafes/ diners,owner financing available
Acted as the Advisor to the Deal
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $450,000 | Down Payment | $300,000 |
| Gross Revenues | $919,287 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $242,647 | Number of FT Employees | Register Free to View |
Financing
$300,000 Down and $150K over 3 yrs. @ 6%.
Business Description
Unique 6 Day Industrial Park Food Court. Open Monday - Friday 8am-10pm and Saturday 11am-8pm, Closed Sundays. This location is a favorite among workers in the area as they offer Chinese and Mexican fast food for sit down eating in their 60 seat dining room or take out. They also offer local delivery. The business also offers a small stationery store with LOTTO, cigarettes and sundries. In the past year the business had gross sales of approx. $1,004,600.00 ($755,000.00 in food and $249,000.00 in stationery/c-store) with a net income of approx. $275,454.00. They have a 10 year lease with only 3% yearly rent increases for a spacious 2,700 sq. ft. space with great parking for over 200 cars. We are looking for a serious and financially qualified buyer with at least $300K in liquid capital. Call or email Mel Vaz today to learn more at 877-735-5224 or mvaz@vestedbb.com.
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.
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