Long Standing Popular Fast Food Casual Restaurant – Buffalo
A fast casual, long standing restaurant located off a major Buffalo area highway Operating for 21 successful years Specializing in Burritos and other Mexican specialties 2,000 square feet of dinning space Large catering presence in the community Located north of the UB Campus, and close proximity to the Football Stadium Same owner and very loyal clientele through-out the years Additional sales through a ghost kitchen can be explained Hours of business 11-8 Monday through Saturday Ample strip mall parking available ASSETS/FIXTURES/EQUIPMENT: (Included in the Asking Price): Furniture, fixtures, and equipment at a fair market installed value of $40,000. LEASE ARRANGEMENTS: Current lease is valid through 5/1/25 with options Lease is $3,500 a month Gross SALES AND SELLERS DISCRETIONARY EARNINGS (SDE): 2023 2022 2021 SALES $622,644 $577,795 $536,685 SDE $102,417 PRICE/FINANCING: Asking price is $85,000 Some financing is available to a qualified buyer COMMENTS: This is an ideal owner / operator opportunity for a business that has shown increase sales for the last 3 years. Adding beer and wine would increase revenue and pushing a new fad Called “Ghost Kitchens” for on-line ordering only.