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Established Takeout Wings, Steaks And Burgers In Prime Location In South Phila For Sale

South Phila, Pennsylvania, US
Asking Price:
$319,000 Furniture / Fixtures included
Sales Revenue:
$397,217
Cash Flow:
$99,041

Take out Wings, Burgers, and Steaks with a walk-up window. DoorDash, GrubHub available for deliveries. 35% of business receipts are cash, owner can provide documentation. No competition in the area, business has been at this location since 2013. The building is also available for purchase.

Property Information

Real Estate:

Lease

Lease Terms:

Total monthly rent of $1,800

Premises Details:

This is a leased location of 900 square feet with a Total monthly rent of $1,800. Lease ends 2025 with two 5-year options. Seller is active with 3FT and 1PT employees. Hours of operation are 11am-11pm Tuesday-Sunday. $20,000 in inventory and $40,000 in FF&E included in the asking price. $20,000 made in leasehold improvements. Other Assets include All equipment up to date and paid for, no leaseholds or rental agreements in place.

Size in square feet:
900

Business Operation

Reasons for selling:

Owner moving

Trading hours:

11am-11pm Tuesday-Sunday.

Employees:
3FT / 1 Pt
Years established:
2013

Other Information

Support & training:

3 months

Furniture / Fixtures value:
$40,000 - included in the asking price
Inventory / Stock value:
$20,000