Hamburger shop with long history w/Owner Absentee, SBA approved.

Asking Price$1,300,000

Cash Flow
$370,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,284,000

Inventory$20,000
Not included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

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Hamburger shop with long history w/Owner Absentee, SBA approved.


Asking Price$1,300,000

Cash Flow
$370,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,284,000

Inventory$20,000
Not included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
This hamburger shop is local landmark and has been in business very long time. Currently being run without an owner, and the manager and most employees have been working there for a very long time.
Yearly gross sale is 1.3 Million and owner takes about $37,000 yearly. The manager orders everything and control the entire store. SBA Loan available.
About the Business
Years in Operation
35
Employees
11
Facilities & Assets
all the furniture and equipment are included.
Market Outlook / Competition
Long history and no competition.
Opportunities for Growth
This is absentee owner restaurant but if you run by yourself, makes more income and a lot of potential for future growth.
About the Sale
Seller Motivation
Moving other state and family matter.
Transition Support
will provide 2 weeks training
Listing Info
ID
2387121
Listing Views
626

Contact Seller

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Business Listed by: Richard Choi Good Partner Commercial Real Estate Team

Listing ID: 2387121 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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