Fried Chicken And Fish Take Out Restaurant For Sale
Location New York,United States
Asking Price Range < $250K
Gross Revenues $48000
Net Profit / Cash Flow $0
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 2010
Number of Employees 1 - 3
Inventory 150000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training TBD.
Reason for Sale Partnership problem.
Description This brand new fried chicken and fish take out restaurant is perfectly suited for the area. The owners invested over $150,000 in new equipment. After opening the partner who was going to run the operation left. The remaining partners do not have the time to run the business because they have their own businesses. They have stopped the operation and are look for a quick sale. The asking price is $80,000 but they are open to any reasonable offer. The expenses shown are actual numbers so you will know your overhead costs. The sales were with no one managing the business. An owner who is hands on can make a killing. Modify the menu to meet the needs of the area, offer delivery and watch the business grow. The location is on a main road with county offices and large residential neighborhoods within walking distance. In addition to the 1000 sq ft of operating area there is an additional 1000 sq ft of basement included. There is ample parking in front and behind the center. The equipment includes 10 unit steam table/display, 3 fryers, full stove, convection oven, walk in, chest freezer, refrigerated counter display, and a lot more. The lease has only a 2% annual increase. Even if you wanted to offer a completely different menu this is a perfect location and you can get it for a fraction of the over $200,000 total build out cost. Hurry it will only be on the market for a short period of time.
Asking Price: $80,000
Now Only: $20,000 Down
Regards,
Bruce Miller
Senior Broker
Bridge Business & Property Brokers
Tel: 516-319-2282
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