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2 Popeye's Franchise, NY - ROI 3.5 Years

Bank & Seller financing in place -3 .5 years cash on cash return - NEED $300K down- contact ASAP 2 Popeye's located in Queens & Brooklyn. Total Volume $ $1,6M Popeye's are typically supposed to net 15-17% but because of management issues they aren't able to achiveve those results. Based on an 7% Interest rate, 10 Year term- Your monthly debt service for 500k would be $6,000/month, Cash Flow after Debt Service would be $80,000/year. You only put 300K down, you get your money back in 3.5 years. 20 year lease, 20 year franchise agreement.