Business For Sale Listing 154460
Strong Pair of Restaurants
Status as of Nov-20-2008 at 06:41 PM: Active
Business Summary
Strong Pair of Restaurants
Location: South Carolina > McCormick County > McCormick
Industry: Food and Beverage > Restaurants
Business Summary
This pair of restaurants has been established for several years and has been consistently profitable for the owners who are retiring after 30 years with the same franchise. Purchase price includes business, FF & E for one location with a rent of $4200 per month and the second location includes business, land, building and FF & E. Cash flow for 2007 and 2006 was over $100K and 2008 is trending up. Franchise approval and training will be required. This franchise is SBA eligible to a qualified buyer. Some owner financing could be negotiated.
Financials
Asking Price: $875,000
Gross Revenue: $901,528
Cash Flow: $100,000
Real Estate: $500,000 (Included in Asking Price)
Seller Financing: Negotiable
About the Business
Year Established: 1993
Employees: 10 full time - 12 part time
Franchise: Yes
Facilities: One Free Standing Building and one Combo. unit.
Categories
Industry
Location
Financials
| Sales: |
Between $500 Thousand And $1 Million (901,528) |
| Profits: |
Between $100 Thousand and $500 Thousand (100,000) |
| Profit Type: |
Net Income |
| Fiscal Year: |
2007 |
| Asking Price: |
Between $500 Thousand and $1 Million (875,000) |
