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| Asking Price: |
$130,000 |
Status: |
Active |
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| Business Type: |
Food and Beverage / Food and Beverage - Others Food and Beverage / Fast Food Restaurant |
Reference #: |
BBF-75609031 |
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| Business Location: |
Confidential, Jacksonville, Florida |
Broker Coop: |
Yes |
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Saint Johns County |
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Annual Income Information |
Labor Information |
| Gross Sales: |
$384,000 |
Full-Time Employee: |
2 |
| Cash Flow: |
$96,000 |
Part-Time Employee: |
7 |
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Business Detail Information |
Lease Information |
| Form of Ownership: |
S Corporation |
Leased SqFt: |
1,800 SF |
| Year Established: |
2004 |
Rent /Month (Include NNN): |
$2,475 |
| Accounting Info(years): |
|
Lease Exp.Date: |
12/31/2011 |
| Franchise: |
No |
Original Lease (# of yrs): |
3 |
| Liquor License: |
No |
Lease Left (# of yrs): |
|
| Seating Available(#): |
40 |
Lease Option (# of yrs): |
3 |
| Parking Space(#): |
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Lease Renewable: |
Yes |
| Hours of Operation: |
Open 7 days, 11am-10pm |
Lease Transferable: |
Yes |
| Reason For Sale: |
|
Rent Increase: |
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| Seller Training Available: |
Yes |
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Price Description |
Financial Information |
| Real Estate Included: |
No |
Seller Cash Out: |
Yes |
| Real Estate Value: |
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Seller Financing Available: |
Yes |
| Fixture & Equipment Included: |
Yes |
Seller Financing Amount: |
$60,000 |
| Fixture & Equipment Value: |
$75,000 |
Seller Financing Term(years): |
60yrs |
| Inventory Included: |
Yes |
Annual Interest Rate: |
6.5% |
| Inventory Value: |
$2,000 |
Min. Down Requested: |
$70,000 |
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Business Description |
Fantastic opportunity for the savvy buyer. Primary business is pizza but this store has an extensive menu with a focus on Italian food. Located at a busy intersection this store has a great mix of delivery, take out and eat in business. University Campus located nearby and also many apartment complexes. 2009 numbers are annualized. |
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