FRAMINGHAM, Massachusetts
| Asking Price |
$225,000 |
Year Established |
2006 |
|
| Annual Revenue |
$0 |
Reason for Selling |
Retiring |
|
| Annual P/L |
$0 |
Attention |
Bob Cioffi |
|
| Annual Cash Flow |
$100,000 |
Listing Number |
991587 |
|
| # of Employees |
14 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
SELLING PRICE:$225,000 DOWN PAYMENT: only $100K
SALES VOLUME:$11K - $13K/wk
LEASE:$3,275/mo.Years left: new lease available
SQUARE FOOTAGE: 1,500sf.
HOURS OF OPERATION: 7 am -2 pm, 7 days.
SEATING:50 plus 10 at a breakfast bar
REASON FOR SELLING: retiring
Verifiable annual net profit:approx. $100,000/yr.
COMMENTS: This area needs a WAFFLE HOUSE. The day-part of breakfast overlapping into lunch is the most profitable segment of the food & beverage industry. Waffle House restaurants are huge throughout the South…next to none up here. What’s cheaper than flour & water? This is your chance to build a brand that’s easy to run yet wildly popular…and profitable. Your cash investment is back in your first year.
Take the time to see this rare opportunity.
Property Features and Assets:
<p>Next to popular Supermarket plaza in a nice strip mall, off major state roads.Tutnkey, fully equipped for breakfast & lunch.. Easy parking and access. Established 30+ years ago, present owner 19 years.</p>
Market Competition and Expansion:
<p>Absolutely nothing like this around, un ique in its location. Expand the menu and hours. present owner closed at 1.30pm, expand lunch. Add waffles, Area needs a waffel house.</p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity