$285,000,,5 Day Money maker,

Hagerstown, MD (Washington County)

Seller Financing Available
$285,000,,5 Day Money maker,
Contact Seller

Asking Price: Get Financing: $285,000

Cash Flow: $175,000

Gross Revenue: $525,000

EBITDA: $150,000

FF&E: N/A

Inventory: N/A

Real Estate: $450,000*

Established: 2007

*not included in asking price.

$285,000,,5 Day Money maker,

Get Financing Save Print Share Valuation Report

Business Description

Turn key Drive thru

Rare opportunity to own a well established, successful business. Great traffic count, large and loyal customer base. Internet presence with great reviews on yelp and trip advisor. 2017 voted #2 lunch spot, 2016 voted #1 lunch spot, 2015 voted #3 lunch spot. Plenty of uniforms of various sizes with aprons and hats with custom made company logo and a web site professionally designed. Just drive thru or walk up no indoor seating, just outdoor seating for roughly 32. All equipment in excellent condition with constant repairs. Health department inspections from beginning never a violation or complaint. Near 4 schools and adjacent to a city park. Hours of operation Monday - Friday 10:30am-8pms.Business has enjoyed steady growth from first year open. Owner offers long 10 year lease,. With additional 10 year option or the option to buy the property with financing with favorable terms to credit worthy purchaser.

Detailed Information

Real Estate:
Owned
Not included in asking price
Building SF:
900
Employees:
4
Facilities:
Free standing building under 1000 sqft with large parking lot, and a storage shed for paper goods, next to a creek on 2 sides. Included in the sale are 2 fountain machines(coke & pepsi), 3 pos systems with credit card accepting, 1 hand held credit card terminal,7 security cameras, panic button .3 sandwich units, 2 commercial toaster,3 commercial microwaves, char broiler, griddle, 2 burners, large double fryer,2 gyro machines, large oven, 2 small ovens for toasting bread, pizza,2 slicers, ice maker, walk in freezer, walk in refrigerator, triple sink.
Competition:
The business is a unique concept that the owner has assembled with over 35 years in business with 3 prior locations. He has picked the most popular items for his menu, and the layout of his business has taken his experience into account for ease of operation and maximum profit. There is no other similar business, not anywhere around, this is truly a unique business model that can be easily duplicated into a franchise format for a energetic purchaser. Located on a well traveled road in good income area.
Growth & Expansion:
Purchaser can open Saturdays and easily add $100k to his gross, business use to be open Saturdays 4 years ago, but due to a family tragedy they closed Saturdays. Delivery is constantly sought after. Concept can be recreated anywhere, seller can help with advice in the future for expansion to other locations.
Financing:
seller will finance business with $85k down with great terms and rates
Support & Training:
Owner will stay to train for 30 days with wife, longer if necessary (with compensation) 4 long term employees to help ease the transition. Owner wants purchaser to succeed, will offer plenty of personal and or phone support if required to answer any day to day questions that may arise
Reason for Selling:
Time to slow down, have put 3 kids through college with 1 more half done
Contact Seller

Business Location


Contact the Seller

Contact Seller Loading

Business Listed By:
ari kon

Show Phone Number

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1347376 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings