Profitable Co-branded High Volume Fast Food
Location New York,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $1600000
Net Profit / Cash Flow $350000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2008
Number of Employees 10 - 19
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Reason for Sale Partnership dispute.
Description Very Well Known Respected Fast Food Franchise with Yearly Sales Over $1.5 Million Dollars is for sale. They are located in a very busy shopping area on Long Island Their STATE of the ART store is the Prototype Model of the franchise system. This PROFITABLE franchise is operating 100% ABSENTEE. A more hands on owner will be able to increase BOTH the revenue of the business and will also be able to increase the earnings by over $100,000 per year. The business is currently positioned to earn $350,000 WITHOUT any of the owners working at the store. The current owners have a SERIOUS partnership dispute and this business must be sold. They are selling this business for $1,250,000 plus inventory and security deposits. The Sellers are willing to finance $700,000 of the purchase price to a qualified buyer. Please refer to listing number 2033 when inquiring about this opportunity.
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