Property Details

High-Volume Franchise Burger Restaurant - Buffalo

Property ID : SB40.20

For Sale $390,000.00 - Restaurant

DESCRIPTION:

  • 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

 LEASE ARRANGEMENTS:

  • 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

PRICE/FINANCING:

  • The asking price is $ 390,000
  • Seller financing may be available to a well-qualified buyer.

COMMENTS:

There is opportunity to increase sales by extending the hours of operation.

Agent Sarah Burton

  • Office : 585-247-4750

Sarah Burton brings over 15 years of experience in operations management, customer service…
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