Asking Price: $ 595,000
Type of Business: Fast Food Drivethru Restaurant
Hours of Operation: Monday – Saturday 6-10, Sunday 7-10
Gross Sales: $ 92,000 mo. net sales
Adjusted Net Profit: $ 12,000 mo.
Total Rent: $ 85,00 mo.
NNN: $ 1,500 mo.
Length of Lease: 10 yrs
Options: 5 + 5 yrs.
Sq. Ft. 2,890 SF
Occupancy: 75 inside and 16 on patio
Number of Employees:
Full time: 6 Part-time: 10
Payroll: $ 24,000 mo.
Insurance: $ 625 mo & $1260 mo W/C
Electric: $ 4,000 mo for all utilities inc phone & trash Electric: $ 100
Internet and TV:
Cost of goods:
Freestanding Drive-thru restaurant with large parking lot. Recently remodeled inside and outside about 2 years ago. 100% help run business. Prior owner was selling $130,000 per month gross. This owner purchased 2 years ago, spent $250k to remodel the inside and outside. It looks fantastic. His new manager has not been customer or employee friendly and has dropped sales. A new owner operator can greatly increase the business to its old sales and way beyond. Lots of new construction of residential homes and apartments nearby. Also located nearby several college campuses. Absolutely beautiful inside and outside. Stellar kitchen set up. This one was built to do large volume.
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