Contact Information

 

 

Turnkey Restaurant with Prime Street Location

  • Listing# : 15104
  • Listed Price : $349,900
  • Total Sales : $346,397
  • SIC : 5812
  • Down Payment : $349,900
  • Status : Active
  • Discretionary Earnings : $24,466

Business Type :

Restaurants / Barbecue Restaurant

Business Description :

This Turnkey restaurant has a trained staff in place and has been recently built-out to encompass a 2,200 square foot highly sought-after street-front location. This leased location has a 10-year lease at ten dollars below market rates with an option to renew for an additional 5 years at market rates. The restaurants build out included a complete re-haul of the leased location, two roll up garage door windows were installed along with an extensive HVAC unit for proper kitchen ventilation. This restaurant has seating for over 70 patrons and a street-front patio during the summer months. The business is primed to take advantage of the newly started Ion rapid transit system at its door step.

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $0
    • Incl :
    • Inventory $0
    • Incl :
    • Liabilities $14,544
    • Incl : No
    • FF&E $38,000
    • Incl : Yes
    • Other: $11,250
    • Incl : Yes
    • Leasehold $300,000
    • Incl : Yes
    • Total Assets $349,250
    • Incl : Yes

Lender Prequalified: No

Similar Listing :

Restaurants