Property ID : WSD24.272
For Sale $195,000.00 - Franchise Restaurant, Restaurant
DESCRIPTION:
• A Franchise Fast Food Restaurant in operation for 17 years located in the Rochester NY area
• Located in a very busy Class A Plaza with ample parking for its customers.
• This restaurant was completely remodeled and updated in 2017
• It has a very easy to learn and operate food concept.
• Serves delicious made-to-order Healthy and Fresh meals
• It serves over 15 different selections of a combination of meats and vegetables for its customers to choose from
• Hours of operation are Monday – Saturday from 10:00 AM – 8 PM
ASSETS/FIXTURES/EQUIPMENT (Included in the asking price)
• Equipment, furniture, and fixtures at a fair market installed value of $ 59,800.
• Inventory at cost of $5,400.
LEASE ARRANGEMENTS:
• Base rent is $ 2,864.35 per month with additional triple Net Charges of $ 586.56
• The current lease expires on July 31, 2023.
REVENUE:
2019 2018 2017 *
Sales: $ 601,569 $ 654,581 $ 683,411
SDE $ 63,376 $ 106,758 $ 152,873
• Sales and SDE include $ 53,016 the Landlord Reimbursed the Owner to relocate to a different location in the plaza in 2017.
PRICE/FINANCING:
Asking price is $195,000.
COMMENTS:
• A Restaurant with a great reputation for delicious food.
• A complete Turn-Key and ready to operate Restaurant opportunity