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Franchise Restaurant For Sale -30841

Nassau County, New York

Asking Price: Gross: Cash Flow:
$220,000 $600,000 $80,000

Business Summary:
This is a great business that is being run completely absentee. This business is in a great location of Nassau County, NY. It is grossing $600,000 a year after all bills are paid, owners cash flow is $80,000. This is being done without an owner being there. The rent is $2,500 a month, with 18 years remaining on the current lease. The store is 11,000 square feet It has six full-time employees and six part-time employees. Owner is asking $220,000 for the business. The owner is willing to hold a 30% note for the right buyer. Now let me tell you what a great opportunity this business is. This store is part of a 15 store franchise. The owner of this store is the owner of the whole franchise. The seller is giving the buyer an option, you could keep it as part of the franchise or release the name and the menu and do your own thing new name, new menu. Please contact the broker at 1-877-735-5224. 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 [email protected] or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

 
   
   
Number of Employees: 6FT/6PT  
   
Owner willing to train: Seller will train buyer.  
   
Reason for selling: Other interests.  

 

 

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