Wing Restaurant
Asking Price: | $120,000 |
Established Year: | 2019 |
Only Serious Buyer, please
This wing restaurant is a restaurant that has been in operation for 5 years. It is currently listed for an asking price of $13,000, making it an attractive opportunity for potential buyers. The establishment occupies 1,000 sq. ft. and operates from Monday to Saturday, remaining closed on Sundays. Although specific gross monthly revenues aren't provided, the average monthly income is approximately $15,000.
After accounting for total monthly expenses of $9,900, which include rent, utilities, food costs, and part-time payroll, the restaurant achieves a net operating income of $5,100. The monthly rent, including NNN charges, is $2,850, while other expenses such as electric and gas total around $500. The remaining lease term is just 2 months, which could be a consideration for prospective buyers. With relatively low overhead and a decent income stream, it presents a promising investment opportunity for someone looking to enter the restaurant business.
P/L is ready for serious buyers from CPA
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