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Business For Sale
FAST FOOD FRANCHISE 4 SALE ORLAND PARK , ILLINOIS
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Asking Price: |
$239,000
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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The owners are selling because they
bought & built |
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Year Established:
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2008 |
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# of Employees:
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8 |
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Yearly Cash Flow:
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$80,685 |
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Yearly Gross Income:
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$522,885 |
Business for Sale Overview:
Great opportunity to buy a new Mexican restaurant with a ton of
potential for less than it would cost you to build and without all the
headaches. Here are just a few of the reasons to buy this restaurant;
The owners are willing to finance part of the deal to a qualified buyer.
The owners have invested over $300,000 and it shows. The franchise
royalties are only 4% of gross sales (most franchises are 10%). Ongoing
training & support from the franchiser. There is no franchise renewal
fee. They currently are not offering deliveries even though customers
are requesting it. It just opened 6 months ago and is already turning a
profit. Protected area for franchisee. Current owners are not doing
much advertising. They are not offering online ordering even though
customers are requesting it Outdoor seating can be added A drive-
through can be added High traffic counts Long term lease.
Property Features and Assets:
The lease is 10 years with (2) five year options. Base Rent is currently
$3,395.00/month. C.A.M. charges are currently $207.25/month & R.E.
Taxes are currently $1,036.25/month. The space is approximately 2,487
square feet. There are approximately 70 seats.
Market Competition and Expansion:
Minimal competition with excellent growth potential as this business has
become quite profitable in a very short period of time.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner may be willing to work for the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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