Semi Absentee Run Franchise Asian Fast food Restaurant
Business Description
ANNUAL GROSS: $528,000/2024
MONTHLY RENT: $3,764 + $1,570 NNN.
LEASE TERMS: 4+5+5
STORE SIZE:1,137 SQFT
SEATING CAPACITY: 32
OPEN HOURS: 11AM-9PM MON~FRI, 11AM- 8PM SAT,11AM- 7PM SUN.
EMPLOYEES: 6 PT
WAGE: $8,750/MO.
OWNER SINCE: 2019
** REASON FOR SELLING: SELLER MOVING OUT OF THE STATE.
** PART TIME OWNER RUN.
** LOCATED ON A MAJOR STREET WITH GOOD VISIBILITY.
** SURROUNDED WITH LOTS OF BUSINESS, OFFICE BUILDING, RETAIL STORES.
** OWNER WORK 20 HRS PER WEEK.
** POITENTIAL TO INCREASE BUSINESS AND NET WITH FULL TIME OWNER-OPERATOR.
** ROYALTY 8%. TRANSFER FEE $17,500. POSSIBLE UPGRADE FEE 10K.
MONTHLY RENT: $3,764 + $1,570 NNN.
LEASE TERMS: 4+5+5
STORE SIZE:1,137 SQFT
SEATING CAPACITY: 32
OPEN HOURS: 11AM-9PM MON~FRI, 11AM- 8PM SAT,11AM- 7PM SUN.
EMPLOYEES: 6 PT
WAGE: $8,750/MO.
OWNER SINCE: 2019
** REASON FOR SELLING: SELLER MOVING OUT OF THE STATE.
** PART TIME OWNER RUN.
** LOCATED ON A MAJOR STREET WITH GOOD VISIBILITY.
** SURROUNDED WITH LOTS OF BUSINESS, OFFICE BUILDING, RETAIL STORES.
** OWNER WORK 20 HRS PER WEEK.
** POITENTIAL TO INCREASE BUSINESS AND NET WITH FULL TIME OWNER-OPERATOR.
** ROYALTY 8%. TRANSFER FEE $17,500. POSSIBLE UPGRADE FEE 10K.
About the Business
- Years in Operation
- 6
- Employees
- 6
- Facilities & Assets
- STORE SIZE: 1,137 SQFT. SEATING CAPACITY OF 32. LEASE TERM:4+5+5.
- Market Outlook / Competition
- EASY MENU FOR THE FIRST TIME OPERATOR.
- Opportunities for Growth
- GREAT GROWTH AND NET PROFIT POTENTIAL IF FULL TIME OWNER RUN.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,137
- Rent
- $5,334.00 per month
About the Sale
- Seller Motivation
- SELLER IS RELOCATING TO ANOTHER STATE.
- Transition Support
- FRANCHISE CORPORATE WILL TRAIN.
Listing Info
- ID
- 2383952
- Listing Views
- 454
Listing ID: 2383952 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. See our full Terms of Use. Learn how to avoid scams.
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