Property ID : SB40.20
For Sale $325,000.00 - Restaurant
- A Well-Known Franchise Burger located in Buffalo NY area, successfully operating for over 15 years
- It has a Prime location in very busy mall with a lot of walk-in traffic
- The current Franchise Agreement is on a month-to-month basis. The buyer has the options of maintaining
This Franchise, use another Burger Franchise, or operate it as an independent restaurant
- This is a Turn key business tailored to be easily operated
ASSETS/FIXTURES/EQUIPMENT: (Included in the Asking Price)
- Furniture, Fixtures and Equipment at a Fair Market Value of $ 200,000
- Inventory at cost of 5,000
- Current lease is year to year at $8,822.00 per month.
- Terms are negotiable.
- SALES AND SELLERS DISCRETIONARY EARNINGS 2020 2019 2018
Sales: $ 603,890 $ 640,904 $ 852,544
SDE: $ 10,923 $ 76,297 $ 89,951
- The asking price is $ 325,000
- Seller financing may be available to a well-qualified buyer.
There is opportunity to increase sales by extending the hours of operation.