Stir Fry Rest. $45,000 down

Jackson County, OR

Seller Financing Available
Stir Fry Rest. $45,000 down
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Asking Price: $120,000

Cash Flow: $66,000

Gross Revenue: $558,700

EBITDA: N/A

FF&E: $100,000

Inventory: $3,000

Rent: $4,957 /Month

Established: 2004

Stir Fry Rest. $45,000 down

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Business Description

Sir Fry Restaurant Medford, OR Sales ready to explode

Established for many years as an absentee run restaurant. Management and employees have been operating the restaurant for 15 years with annual sales hovering around $560,000 annually. This business is profitable however, it would be far more profitable with an owner/operator.The manager is only very part time since he over sees the sellers other restaurants. Ideal for a person with kitchen experience who can replace one of the cooks and save over $30,000 yr. which will lead to a cash flow of over $66,000 yr. The existing payroll exceeds 35% which is extremely high. An owner operator can reduce payroll significantly to turn buying your self a job in to creating an investment over time. Located in diversified shopping center with major grocery outlet and pharmacy. GREAT street exposure with virtually no competition in the area. Restaurant shows well and seats 125 with well maintained equipment.Seller will finance with $45,000 down. Balance of note $80,000.

Detailed Information

Location:
Jackson County, OR
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,000
Lease Expiration:
3/31/2021
Employees:
15
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
3,000 sq. ft. Free standing building with GREAT street exposure.
Competition:
Very little competition in the area. An owner operator who gets involved in the community will expand business to new levels. This is a prime location. This restaurant should be doing far more in sales with the existing prime location and no competition in the immediate area.
Growth & Expansion:
See above.
Financing:
$80,000
Support & Training:
Seller and sellers managers will train
Reason for Selling:
Other investment interests
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(from currently available funds)
 
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michael marich

Business Listed By:
michael marich

The Capital Group

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