Property ID : LB22.100
For Sale $70,000.00 - Franchise Restaurant, Restaurant
- This franchise has topped the Franchise 500® list 9 out of the last 10 years.
- Located on a major cross-section in suburban Rochester.
- Established 11 years ago by the current owner.
- 1,661 sq. ft. restaurant, with seating for 45.
- Two weeks training provided to a qualified buyer.
- Furniture and equipment, valued at $50,000, are included in the asking price.
- Inventory is not included in the asking price.
- Rent is $1,827/month.
- CAM and taxes are $836/month.
- Current lease expires 10/2017 with one 5yr option.
- Revenue for 2016 was $316,992.
- Net Profit for 2016 was $15,811; owner-operator can assume manager salary of $34,556.