Property ID : DE41.21
For Sale $335,000.00 - Restaurant
DESCRIPTION:
- This is an innovative restaurant concept
- Located off a major highway in Henrietta NY
- Specializing in handcrafted smashed to order Burgers
- Sit-down casual dining
- Franchise transfer fee paid by seller
- Increased revenue year to year
- Hours of business are Monday -Thursday 11-9, Friday -Saturday 11am-11pm, Sunday 11am-9pm
ASSETS/FIXTURES/EQUIPMENT: (Included in the Asking Price):
- Furniture, fixtures, & Equipment at a fair market installed value of $120,000.
LEASE ARRANGEMENTS:
- $4,666 a month with lease extension options
SALES AND SELLERS DISCRETIONARY EARNINGS (SDE):
| 2023 | 2022 | 2021 | |
| SALES | $1,232,642 | $1,053,437 | $858,103 |
| SDE | $ 119,342 | $ 80,125 |
PRICE/FINANCING:
- Asking price is $295,000, with some seller financing available to a qualified buyer
COMMENTS:
This concept is putting the Burger back at the center of consumer dining experience. This is the fastest Restaurant Company to reach the 100-unit milestone. ideal opportunity to own a High Volume casual paced franchise.
