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Financing: $100,000.00 Down and $50k for 5 years @ 7% Reason for Selling:Other Interest This hamburger restaurant, established and owned for 9 years, offers a local oldie-style atmosphere with loud music and a menu featuring great burgers, fantastic wings, super fries, wraps, and more.
Currently, it is 90% absentee-owned, but a hands-on owner can net over $70k by working in-store and reducing salary.
The restaurant generates $8k per week in summer and even higher numbers in winter.
There is significant growth potential through the addition of delivery services and better promotion.
The full staff is in place and willing to stay. Located in a small town with room for future growth, this cozy restaurant offers a great concept to duplicate.
Under market rent with the possibility of a new 10-year lease can be arranged. For more information, contact broker Jim Aloi at 631-375-4100.
In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement. Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. |
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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller. |
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1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com |