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Businesses for Sale: Listing Details

 
FAST FOOD FRANCHISE 4 SALE ORLAND PARK , ILLINOIS
Seller: Attn: Tony
Location: Chicago SW Suburbs, IL, USA
Listing Number: "080509"


Asking Price: $239,000 USD USA Dollars
Industry: Food & Beverage: Restaurants, Fast Food, Deli
Reason for Selling: The owners are selling because they bought & built
Year Established: 2008
Number of Employees: 8
Yearly Cash Flow: $80,685
Yearly Gross Income: $522,885

Overview:
Great opportunity to buy a new Mexican restaurant with a ton of potential for less than it would cost you to build and without all the headaches. Here are just a few of the reasons to buy this restaurant; The owners are willing to finance part of the deal to a qualified buyer. The owners have invested over $300,000 and it shows. The franchise royalties are only 4% of gross sales (most franchises are 10%). Ongoing training & support from the franchiser. There is no franchise renewal fee. They currently are not offering deliveries even though customers are requesting it. It just opened 6 months ago and is already turning a profit. Protected area for franchisee. Current owners are not doing much advertising. They are not offering online ordering even though customers are requesting it Outdoor seating can be added A drive- through can be added High traffic counts Long term lease.

Property Features and Assets:
The lease is 10 years with (2) five year options. Base Rent is currently $3,395.00/month. C.A.M. charges are currently $207.25/month & R.E. Taxes are currently $1,036.25/month. The space is approximately 2,487 square feet. There are approximately 70 seats.

Market Competition and Expansion:
Minimal competition with excellent growth potential as this business has become quite profitable in a very short period of time.

Additional Details:

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