Price Reduced Absentee owner profitable Spanish Chicken MD PG County

New Carrollton, MD (Prince Georges County)

Price Reduced Absentee owner profitable Spanish Chicken MD PG County
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Asking Price: $355,000

Cash Flow: $156,400

Gross Revenue: $648,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 2010

Price Reduced Absentee owner profitable Spanish Chicken MD PG County

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Business Description

Clean easy operate business needs new owners new idea.
3,200. SF Rent: 6,080.

Detailed Information

Location:
New Carrollton, MD
Employees:
5 FT
Facilities:
3,200. SF. Lease: 4 yrs plus 5 yrs option. Open Hour: 10 am-9:30 pm ( Mon-Sat ). Sun, till 9 pm Price: 380,000. Sales a week---------------------------------------------------13,500. Sales a month------------------------------------------------- 54,000. Sales a year---------------------------------------------------648,000. Seller’s net sale a month---------------------------------- 52,300. Monthly expenses Rent--------------------------------------------------------6,080.( 4 yrs + 5 yrs option ) Payroll----------------------------------------------------12,800. ( 5 FT ) Payroll tax------------------------------------------------ 245. Card fee--------------------------------------------------- 800. Phone------------------------------------------------------- 340. Insurance-------------------------------------------------- 200. Cost of good----------------------------------------------18,500. Miscellaneous------------------------------------------- 300. Total monthly expenses-------------------------------39,265. *Net income a month---------------------------------$ 13,035. ( 156,000. year ) This is with numbers given by seller and it can change time to time.
Financing:
SBA available
Support & Training:
2 weeks
Reason for Selling:
Health
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(from currently available funds)
 
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Laura Park

Business Listed By:
Laura Park

World Business & Realty Group

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