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Broker Contact Information |
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Subs - Pizza / Carry-Out w/ 28 Seats | Listing ID: 20615 |
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| Asking Price: |
$280,000 |
Status: |
Active |
| Business Type: |
Fast Food Restaurant |
Reference #: |
3041 |
| Business Location: |
Hagerstown, Maryland |
Broker Coop: |
No |
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Frederick County |
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Annual Income Information |
Labor Information |
| Gross Sales: |
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Full-Time Employee: |
2 |
| Cash Flow: |
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Part-Time Employee: |
6 |
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Business Detail Information |
Lease Information |
| Form of Ownership: |
Corporation |
Leased SqFt: |
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| Year Established: |
2008 |
Rent /Month (Include NNN): |
$2,870 |
| Accounting Info(years): |
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Lease Exp.Date: |
12/31/2018 |
| Franchise: |
No |
Original Lease (# of yrs): |
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| Liquor License: |
No |
Lease Left (# of yrs): |
9 |
| Seating Available(#): |
28 |
Lease Option (# of yrs): |
10 |
| Parking Space(#): |
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Lease Renewable: |
Yes |
| Hours of Operation: |
Sun - Thur: 11AM - 10PM; Fri - Sat: 11AM - 11PM |
Lease Transferable: |
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| Reason For Sale: |
Involved with other similar business. |
Rent Increase: |
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| Seller Training Available: |
Yes (2 Weeks.) |
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Price Description |
Financial Information |
| Real Estate Included: |
No |
Seller Cash Out: |
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| Real Estate Value: |
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Seller Financing Available: |
Yes |
| Fixture & Equipment Included: |
Yes |
Seller Financing Amount: |
$100,000 |
| Fixture & Equipment Value: |
$100,000 |
Seller Financing Term(years): |
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| Inventory Included: |
No |
Annual Interest Rate: |
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| Inventory Value: |
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Min. Down Requested: |
$180,000 |
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Business Description |
A unique location with excellent demographics, which could translate into a future huge potential for an on site owner operator. Newly built 28 seat carry-out pizza and subs with all new fixtures and equipment but with absentee owner, which is probably a primary reason why this business has not yet achieved it's potential. The revenues are steadily increasing and it is projected to gross over $400,000 in 2009. It is the opinion of the seller who is currently running a similar successful business for the last nine years that an on site owner operator could increase the sales significantly. Financing available to a qualified buyer. For more details call Anthony at 301-572-6000 Ext. 304.
To learn more about Corporate Investment or to see all of our other business opportunities visit our website at www.CIWorldwide.com |
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