Owner Financing is Available!
Business Overview:
This business opened in June of 2009. Since its opening it has been very profitable. The business was started by a fast food industry veteran which has put together a winning fast food concept. The business sells wings, hot dogs, wraps, sandwiches, fries and other items. It has a strong delivery business and is run with only two employees. Its "off the charts" profitability is due to the product mix and enormous mark ups. The founder used his real estate expertise to find a great location with reasonable rent. The company spends virtually nothing on advertising. A new owner that advertises a little and opens for breakfast can make this business even more profitable. The owner is opening a chain of similar restaurants in another state and needs to sell this location to focus on the expansion. How often do you find a business with cash flow around 50% of SALES?
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:
Free Standing building on a high traffic main road in a very busy town. 1,100 square feet with 6 parking spots plus street parking. 18 seats. Equipment is less than a year old.
Market Competition and Expansion:
The business is in a prime location with lots of traffic. Although there are other fast food businesses this is a unique concept. The business opens at 10:00am. Opening for breakfast on this busy avenue will increase sales and profits. A bus stop and a TD Bank are directly across the street.
Reason for Selling:
Expanding concept in another state
Additional Details:
- The property is leased.
- The owner is willing to train/assist 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.