
| Asking Price: | $179,000 | Inventory: | $3,500 ** |
| Gross Revenue: | $409,446 (comments below) | Real Estate: | n/a |
| Cash Flow: | $156,000 (comments below) | FF&E: | $35,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: Seller is happy to meet & discuss all details | |||
| Cash Flow Comments: seller is happy to meet & discuss all details | |||
North/Northwest side of Chicago Fastfood Restaurant. Here’s your chance to buy a fast food style restaurant in a great location. There are 40,100 cars driving past this restaurant each day. This fast food style restaurant offers carry out, delivery and a small dining room with about 25 seats. The current owner is in the process of opening another fast food restaurant and no longer has time to manage this restaurant. This fast food restaurant just opened for business in July of 2008 and is already averaging approximately $31,000 per month in sales. With spring and summer approaching, sales are increasing. The warmer weather causes foot traffic to dramatically increase. Another reason for the increasing sales is the excellent food they serve. Fast food restaurants are notorious for having inferior food quality. This is not the case here. The owner states that approximately 80% of the gross sales are cash sales and approximately 20% are credit card sales. The restaurant is located at a very busy intersection on the North/Northwest side of Chicago. There are over 40,100 cars driving through the intersection each day. Aside from finding a good location with high traffic counts, cheap rent, and plenty of parking, the most difficult aspect of opening a fast food restaurant is developing delicious food recipes. This has already been done for you. The current owner works +/- 15 hours per week. There are approximately 25 seats and an oversized office with a shower and a private bathroom. The office can be converted to additional storage space or additional seating. Also, while most businesses are struggling in 2009 because of the economy and reductions in consumer spending, this business has seen an increase in sales. The average monthly gross sales are $31,785.81 and increasing each month. March 2009 sales were $30,191.30. April 2009 sales were $
KEYWORDS: Carry out, Delivery, Pizza, Food, Fast food, Deli, Sandwiches, Subs, Submarines, Sub Sandwiches, Sandwich, Lunch, Dinner, BBQ, Restaurants, Cafes, Cafe, Coffee Shops, coffee, Breakfast, Snack, Soda, Dining, Dining Room, Eat, Eatery, Great Food, Restaurant, Beer, Liquor, Neighborhood, burgers, hotdogs, salads, cafeteria, Sandwiches, Soda
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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