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Business for Sale Summary

Growing Burger Restaurant w/ Full Liquor License - 36721

Business Type: assets only sale,bar/tavern/night clubs,business with property available,misc. retail/non-classifiable,other eating & drinking places,other food stores,restaurant/ cafes/ diners
Growing Burger Restaurant w/ Full Liquor License
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Financial Information (non-confidential)

General Information
Asking Price $299,000 Down Payment $299,000
Gross Revenues $0 Lease Remaining Register Free to View
Owner’s Cash Flow $0 Number of FT Employees Register Free to View

Financing

$299,000 Down and None.

Business Description

Growing Burger Restaurant w/ Full Liquor License. This is a prime location on a major roadway, minutes from the highway. It has fantastic branding and has been showing consistent upward sales, averaging $8K - $9K/wk in the slow season. It needs a hands-on owner to take the current concept and run with it. In addition, they have a full-liquor license and will be launching a mobile app shortly. The space was fully renovated less than 1 year ago with a new kitchen, Aloha POS, security system. The current rent is $7K/mth with 8 years left on the current lease plus a 5 year option. The landlord is willing to sell the property and an adjoining lot with a 2 bedroom house for $2mil. He will also offer the first right of refusal. We are seeking a serious and financially qualified buyer with restaurant experience and at least $299K in liquid funds. Proof of funds will be requested. All site visits must be very discreet. Any buyer-seller meetings must be scheduled by appointment only. To learn more, please call, text or email Mel Vaz today on 631-767-0157 or melvaz@vestedbb.com.

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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.