Price: $265,000
Location: Martin County
Industry: Restaurant and Food
Listing ID: 42734598
Listing Status: New
Established 28 seat money maker open for 42 hours a week, offers breakfast all day, variety of subs, sandwiches, fries, wraps. Lunch check average is $17. Simple operation with steady, regular customer base. 80% of business is carry out to locals. Buyer will need to replace owner operator and wife thus reducing owner benefit by $20,000.
Down Payment: $150,000
Total Sales: $520,656
Cash Flow: $149,774
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
Accounts Receivable Included: No
FFE: $90,000
FFE Included: Yes
Inventory: $4,000
Inventory Included: Yes
Year Established: 2012
Year of last Acquisition: 2019
Days & Hours of Operation: Monday-Saturday 7AM-2PM
Owner Hours Per Week: 42
Lender Pre-Qualified: No
Non-Owner Payroll: N/A
Employees: 5
Managers: 0
Absentee Owner: No
Real Estate: N/A
Real Estate Included: No
Monthly Rent: $2,228
Type of Location: Strip Center
Square Footage: 1508
Franchise: No
Relocatable: No
Reason For Sale: Other interest
Training & Support: Seller provides training for 2 weeks at no cost.
Financing/Terms: $115,000 is financed for 5 years at 5%.