Fast Food Business In Stanford Shopping Center
Location California,United States
Asking Price Range $250K - $500K
Gross Revenues $340185
Net Profit / Cash Flow $104058
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1993
Number of Employees 4 - 5
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training 2 weeks
Reason for Sale Retirement
Description This is a rare opportunity to own a profitable and semi absentee run fast food business in Stanford Shopping Center. The business has been established for 20 years with many repeat customers.
The owner travels frequently and only spends a few hours per week to do bookkeeping and check the operation on random basis. The store manager can handle the daily operation independently. Almost no advertising has been done in the past few years. An energetic owner operator shall be able to increase the sales by marketing campaign.
The cash flow is estimated based on one full time working owner. It has been over $100K for the past 3 years. The owner is motivated to sell in order to retire. The landlord requires an experienced buyer with solid financial background. Asking $285,000. Ref #8021.
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