Seller's Contact Information
- RE: Norfolk-Turnkey Fast Food Restaurant
- Contact: Bob Cioffi
Quick Facts
| Asking Price: | $110,000 | |
| Annual Revenue: | $265,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $85,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2016 | |
| Employees: | 6 | |
| BBN Listing #: | 308719596 | |
| Broker Reference #: | BC79 |
Business Overview:
TYPE OF BUSINESS: Turnkey Fast-Food Restaurant
LOCATION: Greater Norfolk area (Hot Town)
SELLING PRICE: $110,000. maybe some owner financing.
LEASE: $2,000 mt (NNN inc.) CHEAP! Yrs. left 2 extensions,
SALES VOLUME: $5,000. week. Delivery 30%
SQUARE FOOTAGE: 1,200 square feet.
HOURS OF OPERATION: 6 days 12-8/ closed Sundays
SEATING: (INSIDE 16) has cellar for dry storage,
COMMENTS: Prime location, scratch kitchen--freshly sourced restaurant that can be anything you would like or keep it as is. Over the top food reviews 4.8 stars every day. Let’s discuss their menu, has specialty concept. Cheap rent $2,000 a month, only needs several employees, has pizza oven and kitchen line. This kitchen can serve all types of food. The owner closed last year for 6 months (family issues) and has been open only sporadically. Sales will double with a normal schedule. Advertise, open Sundays. Close to local college, performance center, affluent town. Plenty of industry to have a robust lunch and dinner, Contact Bob. Honestly this gem will not last. Priced to sell. Let’s discuss!
Subject to errors, omissions, prior ale or withdrawal from market. all without notice.
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Property Features and Assets:
Immaculate, has necessary equipment to do any menu, nice comfortable layout, prime downtown location.
Market Competition and Expansion:
Nothing like this unique concept anywhere.
Reason for Selling:
Family issues forces sale.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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