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SALEM-SIMPLE, LOW-COST RESTAURANT
| Asking Price: | $695,000 | Inventory: | |
| Gross Revenue: | $1,300,000 | Real Estate: | n/a |
| Cash Flow: | Not Disclosed | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price | |||
LOCATION: North Shore, coast area
SELLING PRICE: Asking $750,000 with half down
SALES VOLUME: $1.3M+ per year
NUMBER OF SEATS: 145 seats
LEASE: $6,200/mo + $1K CAM YRS. LEFT: New lease
SQUARE FOOTAGE: 5,500 sf.
HOURS OF OPERATION: 6 AM – 8:30 PM, 7 days
COMMENTS: Absentee owner nets $220K per year! This unique, easy-to-run and control is perfect for the buyer with limited food experience but with a desire to make a lot of money. Your cash out-of-pocket is back in less than 2 years! If you’ve got the cash, this is for you. Call Ed at (978)239-9994.
SELLING PRICE: Asking $750,000 with half down
SALES VOLUME: $1.3M+ per year
NUMBER OF SEATS: 145 seats
LEASE: $6,200/mo + $1K CAM YRS. LEFT: New lease
SQUARE FOOTAGE: 5,500 sf.
HOURS OF OPERATION: 6 AM – 8:30 PM, 7 days
COMMENTS: Absentee owner nets $220K per year! This unique, easy-to-run and control is perfect for the buyer with limited food experience but with a desire to make a lot of money. Your cash out-of-pocket is back in less than 2 years! If you’ve got the cash, this is for you. Call Ed at (978)239-9994.
About the Business
Year Established:2000
Employees:5 full time -
About the Sale
Management Training and Support:full/simple operation
Reason For Selling:retire
Seller Financing:yes 400,000 to qulaified buyer
KEYWORDS: LOCATION: North Shore, coast area SELLING PRICE: Asking $750,000 with half down SALES VOLUME: $1.3M+ per year NUMBER OF SEATS: 145 seats LEASE: $6,200/mo + $1K CAM YRS. LEFT: New lease SQUARE FOOTAGE: 5,500 sf. HOURS OF OPERATION: 6 AM – 8:30 PM, 7 days COMMENTS: Absentee owner nets $220K per year! This unique, easy-to-run and control is perfect for the buyer with limited food experience but with a desire to make a lot of money. Your cash out-of-pocket is back in less than 2 years! If you’ve got the cash, this is for you. Call Ed at (978)239-9994.
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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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