Owner will carry a partial note for a strong buyer.
Country: | USA |
State or Province: | OH","OH |
City: | West Chester |
Location Zip or Postal Code: | 45069 |
Service Type: | Sit-Down Table Service |
Title of Listing: | Franchised Burger Restaurant |
Year Established: | 2017 |
Number of Locations: | 1 |
Number of Seats: | Less than 50 |
Size: | 1500, Square Feet |
Patio: | No |
Number of Employees: | Less than 10 |
Hours of Operation: | 10:30-9:00 |
Growth or Expansion Opportunities: | No |
Reason for Selling: | Owners health |
Owner Operated or Absentee Owner or Flexible: | Owner Operated |
Asking Price: | $400000 |
Gross Revenue: | 300000 |
Gross Revenue Range: | Under $500,000 |
EBITDA (Earnings before Income, Taxes and Depreciation): | $300000 |
EBITDA Range: | $100,000-$300,000 |
SDE Range: | $100,000 |
FF&E Value (Furniture Fixtures and Equipment): | 195000 |
FF&E Value (Furniture Fixtures and Equipment) included in price: | Yes |
Inventory Value included in price?: | Yes |
Asset or Share Sale: | Asset |
Real Estate Owned or Leased: | Leased |
Lease Term Remaining: | 20 yrs |
Total Monthly Rent: | $3775 |
Financial Comments (include any Financing information that may be useful): | sales has increased in 2018. We have Doordash and just signed up with Grubhub |