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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

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Bakery Business For Sale, Cafe Business For Sale, Catering Business For Sale, Coffee Business For Sale, Coffee House Business For Sale, Coffee Shop Business For Sale, Deli Business For Sale, Fast Food Restaurant Business For Sale, Food Business For Sale, Grocery Business For Sale, Grocery Store Business For Sale, Liquor Business For Sale, Liquor Store Business For Sale, Market Business For Sale, Pizza Business For Sale, Restaurant Bar Business For Sale, Restaurant Business For Sale, Vending Business For Sale, Vending Machine Business For Sale

Fast Food Franchise In Prime Brooklyn

Location  New York,United States
Asking Price Range  < $250K
Gross Revenues  $500000
Net Profit / Cash Flow  $92280
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2011
Number of Employees  1 - 3
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Leased
Training  Seller will train
Reason for Sale  Personal
Description  This popular fast food franchise is located in a safe Brooklyn neighborhood on a main street that straddles both affluent and working class neighborhoods. Asking $249K, the seller is willing to finance $100K of that if you put $149K down. Financials are verifiable. All sales have been recorded on a P.O.S. system. Deliveries account for 35% of revenues. In-store revenue is roughly divided between cash and credit cards. The store does about $10K/week with the bulk of that occurring on the weekends. It did $14K alone on Superbowl weekend. The retail space on the ground floor is ~ 2,000 sq. ft. The basement is about the same, yet is hardly utilized, but for an office, bathrooms and some storage. You would be well-advised to make further use of at least the extra ground floor selling space by extending the menu, which the franchise agreement allows. Certainly, a beer & wine license could be a natural first step. An open buffet might be another. There is currently seating for 30 and room for more. The franchise royalty fee is only $300 per week. The transfer fee is $5K. All new lighting, walk-in freezer, 5 deep fryers, and several flat screen TVs. The lease is for 5 year with a 5 year option to renew and the landlord is reasonable. The right buyer should be able to generate considerable upside from this business. Contact to receive the name and address of this fast food franchise, so you can do a quick walk by. Then, when you are ready to take the next step, we'll make an appointment for you to meet with the seller and you'll get a full tour of the facility.
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