Business Overview:
$330,000 Net Clean Tax Returns SBA BANKABLE! *This is a must-see opportunity anybody in the retail hospitality business who wants to own an extremely well oiled machine that's been in existence in Upstate New York for 12 strong years. *20% DOWN* WHERE CAN YOU FIND A DEAL LIKE THIS?
*Customers are obsessed and dream about their burritos on a daily basis vegetarian options are always a big hit on the menu. Staff is extremely friendly and all veteran employees who have been around for many years. Customer service is superior. Decor is super sexy. Owner Nets over $330,000 clean per year on tax returns
*The building is valued at a 5% cap rate because there are two apartments upstairs one of them at 1750 a month currently the other one $1,150.00 a month currently with potential for 2nd apartment to generate $1,750.00 as well. The building is valued at $850,000 with its current rent roll
*A deal could be structured with a 504 sba-guaranteed where is the property would be 51% of the purchase price lending itself to bank money with 25% down and good credit and experience. 70% of this business is running on delivery services third party delivery apps and is owner-operated.
This is near not far from Woodbury Commons Near Central Valley, 70% of revenue is delivery, prefect for an operator whom is in the Newburgh or Poughkeepsie or Highland or surrounding area.
* the property is an additional $850,000 in addition to the asking price of the business.
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Reason for Selling:
Other business interests.
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.
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