Low Overhead Fast Food - Burgers, Fries, Gyros-28958

Albany County, NY

Low Overhead Fast Food - Burgers, Fries, Gyros-28958

Asking Price:$119,000

Cash Flow:$60,330

Gross Revenue:$122,954

EBITDA:N/A

FF&E:$75,000

Inventory:$2,000*

Established:2010

*not included in asking price.

Low Overhead Fast Food - Burgers, Fries, Gyros-28958

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Business Description

Low Overhead Fast Food Restaurant-28958

Low Overhead Fast Food - Burgers, Fries, Gyros in a College Town. This is ideal for a first time buyer, or someone seeking a simple, fast food business. The menu is very basic with all items a college student would want (burgers, fries, gyros, quesadillas, mozz. sticks, etc.). The business occupies a 168 sq. ft. space with a very basic kitchen (w.hood, grill and deep fryer). They receive a 99% rating on Grub Hub and Seamless. THE RENT IS ONLY $937.5/MTH. That's right, under $1k/mth. I have never seen a rent that low. In the past year the business grossed approx. $132,790.00 with a cash flow of approx. $70,166.00. THE FINANCIALS ARE VERY WELL DOCUMENTED! The owner is selling as he moving on to a larger business. The business is ideal for an owner/operator, couple or family. We are seeking a serious and financially qualified buyer with at least $119K in liquid funds. if you meet the criteria, please call 1-877-735-5224 for further information.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Detailed Information

Inventory:
Not included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
119,000.00 Down & None.
Support & Training:
The seller will train the new owner.
Reason for Selling:
Starting another business.
Business Website:
http://www.vestedbb.com

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Vested Business Brokers, Ltd

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Vested Business Brokers, Ltd

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