Owner Financing is Available!
Business Overview:
***FIRE SALE*** Due to Seller Illness. ***ONLY $20K DOWN TO GET IN THE DOOR ***The current owner is giving the store back to the previous owner and the previous owner does not have the time to run it. He is willing to let a new buyer come in and assume the current note of $4,500/mth. for the next 25 mths with only $20K down, plus security and the the first months rent, approx. $40K. Current Avg. Sales - $9k-10k/wk. This is a beautiful store with new floors and granite counter tops. They specialize in lunch business, mainly pizza & soda. This is quick in and out business and delivery to local businesses. There is a simple menu that is easy to manage. There is seating for 20, although this business does not really serve large sit down meals. A new owner can add this to the business if they would like. You can also add beer. In 2011 this business grossed approx. $520,000.00 with a net income of approx. $123,000.00. This business has 10 year lease with only 3% rent increases. The current owner is looking to sell as he owns another business and his partner is leaving. This is a great deal that will not last. We are looking for serious and financially qualified buyers with experience in the industry. BEST CASH OFFER!!
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.
Reason for Selling:
personal
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.