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Neighborhood Institution. Takeout Wings, Steaks and Burgers in Prime Location!

South Phila, Pennsylvania

Asking Price: Gross: Cash Flow:
$319,000 $397,217 $99,041

Furniture and Fixtures Value:
$40,000 (included in the asking price)

Inventory Value:
$0 (included in the asking price)

Real Estate:
$0 ( not included in the asking price)

Business Summary:
Take out Wings, Burgers and Steaks with a walk-up window. DoorDash, GrubHub available for deliveries. 35% of business receipts are cash, owner can provide documentation. No competition in the area, business has been at this location since 2013. Building available for purchase as well. For additional information please contact Daniel Ring at 484-326-2718 or [email protected]

 
   
   
Year Business was Established: 2013
   
Number of Employees: 3FT / 1PT  
   
Facilities / Terms of Lease: This is a leased location of 900 square feet with a Total monthly rent of $1,800. Lease ends 2025 with two 5-year options. Seller is active with 3FT and 1PT employees. Hours of operation are 11am-11pm Tuesday-Sunday. $20,000 in inventory and $40,000 in FF&E included in the asking price. $20,000 made in leasehold improvements. Other Assets include All equipment up to date and paid for, no leaseholds or rental agreements in place.  
   
Owner willing to train: 3 months  
   
Reason for selling: This is a leased location of 900 square feet with a Total monthly rent of $1,800. Lease ends 2025 with two 5-year options. Seller is active with 3FT and 1PT employees. Hours of operation are 11am-11pm Tuesday-Sunday. $20,000 in inventory and $40,000 in FF  
 

 

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