$Seller Financing Available
| Asking Price |
$169,000 | Inventory |
$2,000** |
|---|---|---|---|
| Gross Income |
$185,000 | Real Estate |
|
| Cash Flow |
$73,340 | Year Established | 2002 |
| FF&E |
$40,000* | Employees | 1 |
* included in the asking price
** not included in the asking price
The business primarily sells soup, salads and sandwiches. There are three soup tureens with different soups, a movable salad bar and coffee and soft drink stations. There is no heavy cooking. The rent of $ 1,300 per month includes all electric, water and sewer, maintenance, insurance and taxes. Also, the business has exclusivity for soda machines in the building. Currently the supplier refills the machines and sends a check each month. The amount would increase significantly if you filled the machines yourself. There are hundreds of office workers in the adjacent buildings who would welcome delivery service from this restaurant. A new owner could easily set up delivery service by adding two part-time employees.
Facilities: Lease will be $ 1,300 per month for three years with a three year option.
Competition: This is only food establishment in this very large office building and the surrounding office buildings.
Growth/Expansion: A more ambitious operator would offer delivery service to the building as well as the surrounding buildings. There are no other restaurants in the vicinity of these buildings.
Seller Financing Available: Yes
Financing: Cash sale, possile small note from qualified buyer.
Support/Training: Seller will provide adequate training for a smooth transition.
Reason Selling: Family problems require the Seller to return North.

Bill Ciano
954-340--8766
Century 21
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