Seller's Contact Information
- RE: $120,000 NET!!! North Phoenix Burger Restaurant!!
- Contact: Mike Darmo
Quick Facts
| Asking Price: | $250,000 | |
| Annual Revenue: | $400,000 | |
| Net Profit: | $120 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | 35,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | 1 | |
| BBN Listing #: | 87159836 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
If you are looking for a business that has a great following and solid customer base and a very beautiful aesthetic look no further. The restaurant has everything you are looking for such as an open kitchen with all the right equipment, beautiful decor, a great location on a busy street with tons of traffic and a ton of potential with the sales increasing 10% overall this year. The numbers have increased year after year and are proven through the receipts and bank statements the owner will provide. The lease is amazing at well for around 1,000 square feet the lease is only $1,000 per month and has 4 years left on the lease. Currently the owner and his wife and his daughter work at the restaurant and they pay their daughter $2,000 a month salary for being a cashier. So if you run every operation by yourself with family the net is closer to $12,000 per month. Hurry up these opportunities don't come very often!
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Property Features and Assets:
1,000 Square Feet suite in the middle of a busy strip center on a busy street.
Market Competition and Expansion:
Expand on the online marketing and presence.
Reason for Selling:
Retiring
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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