Business Summary

Listing Details:-
Gross Revenue: $ 441,000
Cash Flow: $ 52,000
FFE: $ 15,000 (Included in Price)
Inventory: $ 4,000
Franchise Info: $300/ week franchise fee
Reason for Sale:
Seller is expanding into other ventures and has no time available for this business.

Training & Support:
Will provide as necessary.

Operations
Year Established: 2006
Last Acquired: 2010
Days & Hours of Operation: 7 days, 11AM-10PM
Employees: 3 Full Time/ 5 Part Time
Absentee Owner: Yes

Location:-
Lease Expire: 0000-00-00
Lease Security: 0
Monthly Rent: $ 5,700
Square Footage: 3000
Facilities:
Excellent hi-traffic location in Park Slope with seating for 24 plus standing room. Ground level is 2000 sq. ft. and basement is 1000 sq. ft. Newly acquired liquor license that can be transferred to buyer. Has 4 flat screen TV's.

Summary:-
Business Description:
This is currently a franchise, however, you can bring in other fast food and cut the franchise fee in half. This is called co-branding. Also, you can use the space for any other business without paying any franchise fee. Lease in is the name of the owner's corp. not the franchise. The franchise fee is currently $300 per week and was added back to the net above to show what the net to owner would be without paying the franchise fee.

The owner does not personally work the business. He could be considered absentee manager. He is paying a full time manager $500 per week. if you choose to work the business, you could put the $500 per week in your pocket in addition to the net shown above.

In addition, owner just acquired his wine/ beer license which could be transferred to buyer.

There are 4 flat screen TV's included in the price.

Property Details