Fast Food Deli In Office Building With Seller Financing For Sale

Business description

Business is located in a busy office building, established since 2001. Beautiful location. To-go orders contribute to over 85% of revenues. In the past 8 years, previous owners have built up strong customer base from the surrounding office buildings. They serve tasty and delicious subs, burgers and breakfasts. It is well known for its healthy salads and varieties of soups. Equipment is in great shape. The seller has recently made improvements to the inside to meet landlord's requirements (beautifully decorated). Owner will finance for qualified Buyer.

Seller Discretionary Earnings: $84,800 Pro Forma

Property information

Real Estate:

Lease

Lease terms:

Lease expires 02/28/2010 with 5-year renewal option

Leasehold rent:

$18,600 per annum

Premises details:

Building Type: Office Building
Building Size: 1,550SF
Land Area: N/A

Other information

Expansion potential:

1. Use free kiosk offered by landlord to increase lunch business.
2. Dairy Ashford area is growing.
3. Get into catering part of business for corporate events, weddings, birthday parties, etc.

Support & training:

Owner will train for a smooth transition.

Reasons for selling:

Moving to New York to take over business he previously owned.

Trading hours:

5 days, 6AM - 4PM

Financing available:

Seller Note for 36 at 7.00% interest for $1,389 per month, secured by Business & Business Assets

The above terms of the Seller Note are subject to Seller approving Buyer's resume and financial statement.

Furniture / Fixtures value:

$50,000 (included in the asking price)

Related documents:

• 
• Business Profile