Great Chain restaurant(Absentee owner)

Asking Price$450,000

Cash Flow
$200,000

EBITDA$220,000

Gross Revenue$780,000

InventoryNot Disclosed

FF&ENot Disclosed

Healthy ingredientsSave

Great Chain restaurant(Absentee owner)


Asking Price$450,000

Cash Flow
$200,000

EBITDA$220,000

Gross Revenue$780,000

InventoryNot Disclosed

FF&ENot Disclosed


Seller Financing Available
Business Description
100% absentee owner, manager operates, no chef necessary, Yearly net income will be around $250,000 if owner operates. Any one can own it without experience. Easy to run with simple menu. Owner retires.
As soon as the offer is accepted, the current owner will prove net income at the meeting to show all the papers. Very high profit and low cost. Rent is only around $12500 all included tax and Cam.
The buyer must be able financially, no offer can be done without proof of funds. One shot pay necessary. SBA loan and bank loan buyer is not wanted by the owner for the long delay.
Please text Leo. 201 328 4324 or Email:leo@cityporpertyassociates.com
About the Business
Years in Operation
30
Employees
4
Facilities & Assets
Free standing building, parking and full basement. Total 4500sf.
Market Outlook / Competition
Very stable.
Opportunities for Growth
Needs more social media marketing will increase a lot of delivery and sales amount.
Real Estate
Owned or Leased
Leased
About the Sale
Seller Motivation
Retirement
Transition Support
Owner will hand over all the needs for the buyer.
Financing Options
If qualified with good credit, possible up to 20%.
Listing Info
ID
2242373
Listing Views
2432

Contact Seller

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Business Listed by: Leo NYNJ Business,LLC.

Listing ID: 2242373 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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