Great Burger Restaurant w/Seller Financing

Not Disclosed, NC
Guilford County

Asking Price: Annual Revenue:
$425,000 $1,027,864

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Great Burger Restaurant w/Seller Financing Broker: Joe Santora
Owner Financing is Available!

Quick Facts

Asking Price: $425,000
Annual Revenue: $1,027,864
Net Profit: Not Disclosed
Cash Flow: $387,000
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 25
BBN Listing #: 131851612
Broker Reference #: 76761-114536

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Business Overview:

Excellent location without any direct competitors for 10 miles

Business was not impacted by Covid

2021 Revenue and SDE are projections based on P&L through May 2021
2021 Projected SDE of $387,000

$305,000 in lease hold improvements in the past 24 months
$150,000 in FFE in the past 24 months

Seller will accept a cash offer of $425,000 or a seller financed offer of $475,000 with $175,000 down and $300,000 seller financed at 7.5% over 120 months with a payment of $3,561.05 and a 5 year balloon.
Marketing, advertising, catering, delivery, food truck, social media
No direct competitor for 10 miles

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Reason for Selling:

Other business interests.

Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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