Detail

update dateJune 22, 2022 publish DateJune 22, 2022 Total views 72
  • Type: Convenience Store
  • Inside Sale/Month: $37,000
  • Sells alcohol: No
  • Status: Active
  • Listing ID:7586
  • Financing: Bank Financing
  • Real State Included: No
  • Monthly Rent: $5,100
  • Bulding status: Existing
    • Description

      Yearly Net Profit is $98,500 AFTER paying $96,000 in payroll and all other expenses! Yearly sales is $444,000!

      Seller lives in Georgia and only visits the restaurant 2-3 times per week!

      Owner-Operator can decrease food costs and take home over $115,000 per year! Cost of Goods used to be 28% but is now 35% because of the increased food costs.

      Rent is only $5,100 total with 3 years remaining on the lease! Buyer does not need to pay any property tax, property insurance, nor any common area maintenance!

      Restaurant can be open for longer hours!

      High average daily traffic count of 21,390! Located in a residential neighborhood!

      Right across the street from an Amusement Park and supermarket! 2 mins from an Apartment complex with 60 units! 5 mins from two elementary schools! 3 mins from a park with a pool area! 5 mins from a highschool with over 500 students and a university with over 5,400 students!

      Asking Price for Business-Only is $129,000 + inventory!

      If interested, please give us a call anytime at (770) 664-9999 or email your full name and best contact number to info@riverbrokers.com

      Highlights

      .Yearly Net Profit is $98,500 AFTER paying $96,000 in payroll and all other expenses! Yearly sales is $444,000!
      .Yearly Net Profit is $98,500 AFTER paying $96,000 in payroll and all other expenses! Yearly sales is $444,000!
      .Owner-Operator can decrease food costs and take home over $115,000 per year! Cost of Goods used to be 28% but is now 35% because of the increased food costs.

      Financial Details

        AnnualPer SF
        Gross rental income: $444,000 $Infinity
        Other Income:
        Operating Expenses:
        Property Taxes:
        Total Expenses:
        Net Operating Income: