WELL KNOWN Absentee Food Franchise -Favorable Lease- Deer Park $1.4+mm

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Asking Price:
$575,000

Gross Revenue:
$1,464,401
Cash Flow:
$147,200
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

This truly is a fantastic opportunity to own a retail food franchise in one of the largest outdoor malls in Suffolk County. This stores located in the food court of Suffolk County's iconic Tanger Outlet. This location has 2000 sq ft of a prototype store that the franchisor shows as his benchmark for future stores. This store currently grosses 1.43mm and nets 145k to absentee owner. Any Hands-On operator can net an additional $50,000 plus added to the bottom line by being an on premise owner and running the operation! Very favorable lease.

Please have proof of funds or call Henry Galasso

About the Business

Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
2,000
Rent:
$14,333.33 Per Month
Lease Expiration:
3/15/2029
Website:
www.eastcoaststores.com
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About the Sale

Reason For Selling:
other business interests
Training/Support:
Seller willing to train new owner

Listing Info

ID:
1613945
Ad Detail Views:
0

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Business Listed by

Henry Galasso

East Coast Stores LLC, NYC

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U.S. Census Data for Suffolk County, NY
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Source: Decennial Census (2010), United States Census Bureau.

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Source: American Community Survey (2010-2014), United States Census Bureau.

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