: Absentee-Owned Franchised Restaurant in Busy Area of Augusta, GA!
Detailupdate dateApril 5, 2022 publish DateApril 5, 2022 Total views 54
Seller currently has a $200K loan that is assignable! Buyer only needs to bring the difference to the table!
Seller is highly motivated since he has to travel several hours to visit this location every week.
Yearly Net Profit of $153,000 AFTER paying approximately $144,000 in Payroll! Business is currently Absentee-Owned! Huge Opportunity for an Owner-Operator!
Monthly Gross Revenue is over $57,000!
Seller lives in Columbus, GA and is remotely managing the store.
Rent is $4,900 NNN. 14 years remaining on the lease plus a 5-year option to renew!
Franchise Royalty fee only 5% and a Marketing fee only 3%!
Authentic food with a variety of unique flavors to create some of the most delicious dishes. Open kitchen design with everything prepared in view. Every meal is cooked fresh to order using the freshest ingredients.
Average daily traffic count is over 30,000! Total population within 5 miles is 154,309.
A mile away from Technical College which enrolls about 500 students. Georgia Military College enrolls about 700 students. Less than a mile away from SSI, retail shops, hotels/motels and movie theater, Walmart. Less than a mile away from 2 luxurious apartment complexes with a total of 545 units.
Asking Price for Business-only: $459,000 + inventory. Inventory is approximately $6,000 at cost.
If interested, please give us a call anytime at (770) 664-9999 or email your full name and best contact number to email@example.com
|Gross rental income:||$684,000||$Infinity|
|Net Operating Income:|