Business For Sale

Business for Sale Overview:

These “Two” Fast Food locations were originally put together to start a Franchise Business based on its “already popular” menu and concept. Both Stores are have “High Visibility” and are located in Mid- Nassau only “5-miles” away from each other. The businesses are “Identical,” “Easy to Operate” and come with the business name and their own “original recipes.” Both Fast Food Restaurants are “Beautifully Appointed,” “Fully Equipped”, seats 16 to 22, Point of Sales (POS) System and Surveillance System that is also accessible on line from your computer. The first store (Anchor Store) is grossing approximately $507,000 per year and the second store is only open 6-months and is already averaging approximately $8,300 per week, thus the 2nd store’s Gross sales are estimated to be $460,000. The Gross Sales for both stores are estimated to be $967,000. These Fast Food Businesses are set up to operate on a 23% – 25% food cost, thus they generate an additional 10% more “Net Profit” than your typical Restaurant /Deli or Fast Food Store. The Seller agrees to “Fully Train” the new owner as to its managerial and cooking procedures, operation of sales, food recipes, use of POS System, purchasing procedures and food & beverage purveyors. A “Savvy Buyer” can take this “Franchise Concept” to the “next level” and sell “Additional Franchises.” NOTE: A typical Fast Food Franchiser charges a “Licensing Fee” $15,000 - $25,000 and receives Royalty Payments equal to 8% -12% of the gross sales for each location. The Seller currently pays his managers in both places $700 week (each). If you manage the one of the stores yourself you will make an additional $36,400 net. Seller will finance with $275,000 down, balance due over 3 years. Also, the Seller may consider “selling the stores individually,” but prefers one buyer for both. *** FRANCHISE CONCEPT “without” the FRANCHISE FEE****

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

Both Stores are in "Like New" Condition. Store #1 is 2,500 sq. ft., seats-22, located in a Large 25-Store Plaza. The Rent is $5,642 per month. Store #2 is an 800 sq. ft. "Free Standing" Building," seats-16 inside and 16 outside with plenty of parking and "High Exposure." The Rent is $3,150 per month.

Market Competition and Expansion:

A “Savvy Buyer” can take this “Franchise Concept” to the “next level” and sell “Additional Franchises.” NOTE: A typical Fast Food Franchiser charges a “Licensing Fee” $15,000 - $25,000 and receives Royalty Payments equal to 8% -12% of the gross sales for each location.

Reason for Selling:

Partner problem

Additional Details: