FATBURGER

This Listing is Closed

Business
  • Listing# : 3177
  • Listed Price : $695,000
  • Total Sales : $720,000
  • SIC : 5812
  • Down Payment : $695,000
  • Status : Closed
  • Discretionary Earnings : N/A

Business Type :

Restaurants / Fast Food Franchise

Business Description :

An opportunity to join other Franchise restaurant owners Magic Johnson, Montel Williams, Willie Anderson, Cher and Janet Jackson and own the Florida rights for 9 locations. Clearwater is up and operational, Naples is to open early this year and you have the rights to pick 7 additional locations in the State. Current absentee owner bought business for his children who are unable to take over. Must be able to meet franchisor financial requirements.

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl : No
    • Real Estate $0
    • Incl : No
    • Inventory $6,000
    • Incl : Yes
    • Liabilities $0
    • Incl : No
    • FF&E $222,000
    • Incl : Yes
    • Other: $275,000
    • Incl : Yes
    • Leasehold $36,000
    • Incl : Yes
    • Total Assets $539,000
    • Incl : Yes

Lender Prequalified: No

Similar Listing :

Restaurants