Sunday, May 20, 2012

Subs, Wings, Burgers
()

Northern Palm Beach County - Florida, Palm Beach

Seller Financing: Yes
Lender Pre-Qualified: No
Listing ID: 74928
Office ID:
Status:

Listing Details

Listed Price: $250,000
Down Payment: $150,000
Total Sales: $400,000
SDE: $100,000
EBIT:
EBITDA:
FFE: $100,000 Included? Yes
Real Estate: Included? No
Inventory: $10,000 Included? Yes
A/R: Included? No
Default Image
Contact Information
Peter Picciano
Office:
Cell: (561) 707-7839
Fax:
Email: Peter@Premierbusinessbrokers.com
Send Email To Agent
Reason for Sale: Other business interests, owner to busy running other restaurant
Training: 14 day's at no cost to buyer
Financing Terms: $100,000 at 6% for 6o months

Operations

Year Established: 2011
Last Acquired:
Form of Ownership:
Home Based: No
Relocatable: No
Type of Location: Strip Center
Absentee Owner: Yes
Online: No
Employees: Full Time: 3 / Part Time: 4
Managers: 1
Hours: Sun - Thus 10am- 9pm Fri- Sat 10am-10pm
Owner Hours: 10
Non-Owner Payroll: $1,000
Franchise Info:

Location

Lease Expire:
Option:
Lease Terms:
Lease Security:
Monthly Rent:
Square Footage: 1400
Facilities: $2,500 for 1,400 sq. ft plus outside covered seating . Total seats 78

Summary

Business Description: Great grill restaurant, easy operation. Nice bar serving draft and bottled beer plus wine. Plenty of parking in this Publix anchored center on a main road. Serves great steak subs, cold subs, wings and burgers. Immaculate fully equipped kitchen with the ability to make any food you would want to add to the menu. Professional build out .Presently doing over $9,000 a week. Owner will allow a observation period!!!
Historical Summary:
Owner Qualifications: Management, restaurant experience would be helpful
Competition:
Potential Growth: Owner is at restaurant part time, a hands on owner would improve operations.
(c) 2009 DealTrax SiteBuilder