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Burger, Fast Food Restaurant
Asking Price: $260,000
Inventory: $10,000
Gross Sales: $660,000
Call Andre 
Confidential Visit Summary of Business
Busy Corner location up in front of a Supermarket Shopping Center. Amazing Exposure to the Street Traffic. Great full kitchen. Loads of parking. Very close distance to a large High School. Extra potential to cater to the school as the prior owner did for decades and this owner ignores. This location boarders a middle and upper-income residential neighborhood and a very large block (miles) of Industrial buildings and Offices. The current owner is retiring and does not promote the business. This one needs new blood and enthusiasm to increase sales and net profit. The building, fixtures, and equipment are all in good condition.
Down Payment of $130,000. The seller will carry a note for the balance of $130,000. Terms to be negotiated.
Other Details
Reason for Sale: Retirement
Income
Gross Yearly Sales: $660,000
Adjusted Yearly Net Profit: $96,000
Rent
Total Rent: $4,250
NNN: $1,300
Length of Lease: Lease expires: 15 yrs.
Options: 0
Sq. Ft: 2,200
Occupancy: 72
Employees
Number of Employees: 5
Full time: 3
Part time: 2
Hours of Operation: 6:30 am - 8:30 pm
Payroll: $11-12,000 per month
Expenses
Insurance: $310 mo. Liability $190 mo W/C per year
Gas: $850 mo.
Electric: $1100 mo
Water: $inc. in NNN
Trash: $inc. in NNN
Additional Details
Year Established: 30
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