Absentee Owner Burger Restaurant - Netting $15k/mo
Asking Price: | $599,000 |
Gross Revenue: | $1,010,000 |
FF&E: | $35,000 |
Cash Flow: | $200,000 |
Inventory: | $8,000 |
Established Year: | 2019 |
***Price Drop***
An amazing opportunity to purchase a absentee owned fast food restaurant consistently generating $1,000,000 in annual revenue and cash flowing $15,000 per month. Both of the current owners also work full-time jobs and are not heavily involved in the day to day operations. The restaurant, loved by the community and boasting over 700 excellent reviews, features a diverse menu including gourmet burgers, Philly steaks, wings, salads, shakes, and more.
The well-trained staff ensures smooth daily operations, and the current owner will provide additional training if needed to facilitate a seamless transition. The business, known for its cleanliness and contemporary setting, is on track to cash flow $190,000-$200,000 this year. All necessary documents, including P&L reports, can be provided. Proof of funds and an NDA will be required for more details and information.