Franchise Restaurant For Sale

Nassau County, NY

Asking Price: $220,000

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Business For Sale Details

Listed on Jul 12, 2023(Renewed on Jul 22, 2024)

LISTING ID # 30841

This is a great business that is being run completely absentee. This business is in a great location of Nassau County, NY. It is grossing $600,000 a year. After all bills are paid, owners cash flow is $80,000. This is being done without an owner being there. The rent is $2,500 a month, with 18 years remaining on the current lease. The store is 11,000 square feet. It has six full-time employees and six part-time employees. Owner is asking $220,000 for the business. The owner is willing to hold a 30% note for the right buyer. Now let me tell you what a great opportunity this business is. This store is part of a 15-store franchise. The owner of this store is the owner of the whole franchise. The seller is giving the buyer an option, you could keep it as part of the franchise, or release the name and the menu and do your own thing new name, new menu.

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Financials (USD)

Asking Price $220,000

Cash Flow $80,000

Sales $600,000

Deal Terms

Represented by broker? Available On Request

Buyer Fee? Available On Request

Seller Financing? Available On Request

Willing to co-broke? No

Principals only? Yes

Franchise? Available On Request

Management will stay? Available On Request

Relocatable? Available On Request

Real Estate? Available On Request

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