Local Favorite Take Out Make $120k+ w/ $50,500 Down For Qualified Buyer

Price: $225,000

Location: Seminole County, Florida

Industry: Restaurants and Other Eating Places

Listing ID: 4110-00217

Listing Status: New

Description

Local favorite take home eatery with 10 years of providing the best take out in the area.
Currently there is seating inside for 8 and outside for 6, but 70% of the business is take home.
Located in a busy shopping plaza with a large chain grocery store as the anchor.
Friendly staff, a beautiful build-out and the equipment is in great shape.
Property management is local and responsive.
EXCELLENT GOOGLE REVIEWS AND TOO MANY AWARDS TO COUNT

LISTING DETAILS

Down Payment: $50,500

Total Sales: $431,964

Cash Flow: $120,487

Accounts Receivable: N/A

Accounts Receivable Included: No

FFE: $35,000

FFE Included: Yes

Inventory: $3,000

Inventory Included: Yes

Operation

Year Established: 2008

Year of last Acquisition: 2008

Days & Hours of Operation: 10am-6pm Mon-Fri. 10am-2pm Saturday

Owner Hours Per Week: 62

Lender Pre-Qualified: Yes

Employees: 4

Managers: 0

Absentee Owner: No

Lease Option: Negotiable

Location

Real Estate: N/A

Real Estate Included: No

Monthly Rent: $3,694

Type of Location: Strip Mall

Square Footage: 1400

Franchise: No

Relocatable: No

Summary

Reason For Sale:

Ask the seller.

Training & Support:

Two week training at no cost to buyer.

Owner Qualifications:

Restaurant Experience

Financing/Terms:

ACQUISITION COSTS Purchase Price $225,000 Working Capital $15,000 Loan Fees $500 Closing Costs $5,500 DOWN PAYMENT AND FINANCING Down Payment $50,500 Loan Other $195,500 TOTAL: $246,000

For more information on this listing, please complete our Non-Disclosure Agreement
LISTING BROKER

James Parker

James Parker