Location: Seminole County, Florida
Business Category: Restaurants
Business Subcategory: Fast Casual
Listing ID: 4110-00217
Listing Status: Under Contract
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
Down Payment: $50,500
Total Sales: $431,964
Discretionary Earnings: $120,487
Accounts Receivable: N/A
Accounts Receivable Included: No
FFE Included: Yes
Inventory Included: Yes
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
Absentee Owner: No
Lease Option: Negotiable
Real Estate: N/A
Real Estate Included: No
Monthly Rent: $3,694
Type of Location: Strip Mall
Square Footage: 1400
Reason For Sale: Ask the seller.
Ask the seller.
Training & Support: Two week training at no cost to buyer.
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
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