Property ID : LB22.158
For Sale $99,000.00 - Franchise Restaurant
- This franchise has topped the Franchise 500® list for over 2 decades.
- Located on a very busy street in suburban Buffalo.
- Established in the 1990’s.
- 1,400 sq. ft. restaurant, with seating for 35.
- 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 $1,916/month.
- CAM and taxes for 2015 averaged $430.33/month
- Current lease expires 7/31/2018.
- Revenue for 2016 was $251,577.
- Cash Flow for 2016 was $53,008; an owner-operator can reduce current food and labor costs and increase income.
- Asking price is $99,000
- Bank financing is available to a qualified buyer with only 20% down.
- Franchise transfer fee is not included in the asking price.
This is a great opportunity to join a highly reputable & easy to operate franchise that has consistently been a world leader in its category.