Interested In This Property?
MONTHLY GROSS: $46,000
MONTHLY RENT: $4,700
LEASE TERMS: 4+5
STORE SIZE: 1,400 SF.
SEATING CAPACITY: 30+
OPEN HOURS: 10:30AM-9PM
EMPLOYEES: 1 FT, 6 PT.
REASON FOR SELLING: TOO BUSY WITH OTHER RESTAURANTS.
NOTE: ABSENTEE RUN RESTAURANT.
CURRENT OWNER HAS 3 OTHER RESTAURANTS AND CANNOT
KEEP UP. POTENTIAL TO INCREASE BUSINESS WITH OWNER-OPERATOR.
BUSY LOCATION NEXT TO SUPERMARKET.
8% ROYALTY. $12,500 TRANSFER FEE. POSSIBLE 10K UPGRADE FEE.
NET INCOME: $5,000/MO. (Absentee Run)
ASKING PRICE: $269,000+INV.
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