Profitable Fast Food Restaurant-Price Reduced

Boise, ID (Ada County)

Profitable Fast Food Restaurant-Price Reduced
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Asking Price: $149,900

Cash Flow: $48,149

Gross Revenue: $306,143

EBITDA: N/A

FF&E: $80,200

Inventory: $3,000

Rent: $1,900 /Month

Established: 2013

Profitable Fast Food Restaurant-Price Reduced

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Business Description

Profitable Fast Food Restaurant!

Profitable Turn-Key Restaurant: This business started over 4 years ago and is located adjacent to Boise State University (23,000 Students), Albertsons’ Stadium (36,000 Seating), and the Taco Bell Arena (12,000 Seating). Sales have increased every year!
-Located on a major arterial in Boise on Broadway Avenue with indoor & outdoor seating!
-Complete Fast Food Menu but cooked when ordered, more consistent quality, good service & AFFORDABLE!
-Good Old School Burger place with good quality burgers, fries, fry sauce and shakes!
-Don’t want a burger? You might try their GREEK SALAD with Gyro Meat! WOW!
-Lots of Yelp comments on the quality of food: Great Food, Great Fries, and Great People!
-Hours are from 9am to 9:00pm Monday – Friday and open 10:00am to 9:00pm on Saturdays & Sundays.
-Sales and Profits were down in 2017 due to the Broadway bridge being closed for 8 months!
-Great opportunity for the right buyer, or even better, a Husband Wife “Team” to continue to build sales and to keep this restaurant thriving!
- DOESN’T INCLUDE THE USE OF THE BUSINESS NAME! If Buyer(s) want to use the BUSINESS NAME, they must enter into a Licensing Agreement with the Seller!
SHOWN BY APPOINTMENT ONLY! VERY CONFIDENTIAL!
DO NOT BOTHER EMPLOYEES OR ASK THEM ANY QUESTIONS!
Potential Buyers must sign a Confidentiality Agreement, as well as provide proof of funding! Please serious inquiries only!

LOCAL BANK LOAN SCENARIO:
10 years at 6.5% interest with a 25% down payment ($37,475) with a monthly payment of $1,277).
-All loan scenarios are subject to the strength of the Buyers collateral support!
-New SBA guidelines need to be reviewed where the majority of the loan is Goodwill!

Attached Documents


Detailed Information

Location:
Boise, ID
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,100
Lease Expiration:
7/21/2021
Employees:
10
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
Negotiable
Reason for Selling:
To focus on their other business.
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(from currently available funds)
 
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Gary Spiers

Business Listed By:
Gary Spiers

Coldwell Banker Tomlinson Group

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