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Established Food Franchise Restaurant In Summerfield For Sale

Summerfield, Florida, US
Asking Price:
$149,000
Sales Revenue:
$300,000
Cash Flow:
$100,065

Yearly sales are $300,000!

Yearly net profit is $100,000 after paying a payroll of $60,000 per year, as well as rent and all other expenses!

Business is eligible for an E2 Visa!

Rent is extremely low, at only 8% of sales! That's only $2,000 per month! The business is located inside a major retail center, so the rent includes electricity, pest control, and water/sewage.

Franchise royalties are only 7%! One of the lowest franchise royalties in the food franchise industry! The franchise transfer fee is $10,000.

The seller took over from the manager since the manager never fulfilled online orders! The store was only partially open, with the manager shutting down the store in the early afternoon!

1 hour from Orlando, FL, and Gainesville, FL! 1 hour, 30 minutes from Tampa, FL! 2 hours from Jacksonville, FL!

The population is increasing by 7% year-to-year! Located in a densely populated residential neighborhood!

Near apartment complexes like Summer Field Estate Jacksonville, FL, Parker at East Village, Standard441 Luxury Apartment Homes, Lady Lake Square Apartments, Quarters Apartments, and Arden Place.

Close proximity to a newly developed subdivision with 140 homes!

Extremely high average traffic count of 29,000 vehicles passing by the restaurant each day!

Asking Price for Business Only: $149,000 plus inventory!
The seller has another location that he is willing to sell at, only 30 minutes away!

Property Information

Real Estate:

Lease

Location:

Summerfield, FL