High Traffic, Fast Food Restaurant for sale!

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High Traffic, Fast Food Restaurant for sale!
Asking Price:
$90,000

Gross Revenue:
$633,000
Cash Flow:
$120,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$41,000
included in asking price

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Business Description

Take control of your future now! Invest in a fast food restaurant with Drive Thru and Dine-In. Located in high traffic area close to Busch Gardens.
Remaining 6 years on the lease with 2 additional optional 5yrs terms. Great landlord.
Gross sales: (2016) $633K , (2015) $786K and (2014) 731K.
Projected NET profit for owner/operator $120,000 in first year, at least $70k for absent owner. 100% ROI for the buyer!!
This fast food restaurant has been in the same location for over 20 years.
In 2014, the current owner invested over $100K in furniture, fixtures and equipment.
Due to personal family issues the current owner works only 10 hours/week. This fast food restaurant has a great proven potential and a full time owner/manager can bring revenues back up.
There are 5 loyal employees willing to stay. Easy manage and operate.
Call today (813) 773-5005 Emilia Clark

About the Business

Year Established:
1993
Number of Employees:
5
Real Estate:
Leased
Building Sq. Ft.:
3,000
Lease Rate/Sq. Ft./Mo.:
$2.00
Lease Expiration:
12/29/2023
Facilities:
High exposure, freestanding restaurant building with drive-thru on high traffic road.
Property has 30 parking spaces including 2 handicap. FDOT Traffic counts in 2017 is 90,500 cars per day. Building size 3,000 FT.
Website:
www.buyandsellfloridabusiness.com/
Growth & Expansion:
Unlimited potential for full time owner/manager.
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About the Sale

Reason For Selling:
Other business interests.
Training/Support:
2 weeks free

Listing Info

ID:
1416219
Ad Detail Views:
339

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Business Listed by

Nikolay Safonov

Florida Buy and Sell - BK3266674

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