Sandwich Franchise - 20168 Business Type: delicatessen/catering services,fast food franchise,other eating & drinking places,other food stores
Acted as the Advisor to the Deal
Suffolk County, NY
Kings County, NY
Bronx County, NY
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $300,000 | Down Payment | $200,000 |
| Gross Revenues | $366,600 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $118,594 | Number of FT Employees | Register Free to View |
Financing
$200,000 Down and 100k @ 7% Over 24 months
Business Description
This nationally- known fast food franchise business is located in a strip-mall, which also has a nationally-known food market. Thus, the traffic into the mall is constant and business is stable and steady. The surrounding area is famous for its holiday resorts; therefore, summer is excellent for this business. The business has an eighteen year lease, and the rent is only $3772 a month, which is very low, considering the location. The interior is in impressive condition, with plenty of seating arrangements. The seller's net, after paying all the expenses, is $10,000 a month. The seller is willing to finance. Call Syed at 631-374-7686 for more information.
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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