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Business For Sale
FAST FOOD
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Asking Price: |
$125,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Restaurants, Fast Food, Deli
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Reason for Selling:
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Investment that owners can not give time to. |
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Year Established:
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2006 |
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# of Employees:
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8 |
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Yearly Cash Flow:
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$74,700 |
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Yearly Gross Income:
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$575,000 |
Business for Sale Overview:
Undervalued lease - $1,500 month savings to a buyer for 6 more years. Security deposit of $27,000 included in purchase price. This entity is a super deal. Inexpensive food cost menu pasta/macaroni plus cheese, salads, wraps to hamburgers/fries. Food and beverage cost about 18% extremely busy foot traffic in front of door (7th Avenue) only about 12 feet wide, does the business associated with a 40 feet restaurant store front. Place can be rearranged and improved inside to make it more receptive to customers. With the $27,000 security deposit included brings selling price to less than $100,000 – making it a good return on investment in Manhattan.
Market Competition and Expansion:
Competition:
Food eateries abound on this heavily walk traffic area of NYC, 7th Avenue. This place has the advantage of having an undervalued lease for next 6 years.
Expansion:
As the place is small – busy at all times – delivery has to be emphasized.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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