Listing Number: BBF-58100029
| Category |
: |
Restaurants |
SIC |
: |
5812 |
| Detail |
: |
Diner |
Price |
: |
244,000 |
| County |
: |
Lee |
Down |
: |
244,000 |
| State/Prov |
: |
Florida |
Adj Net |
: |
117,648 |
| Country |
: |
USA |
Sales |
: |
688,125 |
| National restaurant franchisor selling several corporate-owned restaurants through-out Florida and the U.S.; corporate strategy is to focus on franchise expansion. Build your restaurant portfolio: purchase price includes one corporate owned store (with franchise agreement); Area Development Agreement available. Operational ease: simple and straightforward menu. Brand awareness for over 20 years. |
| Reason for Sale |
: |
corporate strategy is to focus on franchise expansion |
| General Location |
: |
Ft. Myers |
| Organization Type |
: |
Corp 'Sub S' |
| Hours Owner Works |
: |
0 |
| Years Established |
: |
1.5 |
| Years Owned |
: |
1.5 |
| Employees Full Time |
: |
3 |
| Employees Part Time |
: |
18 |
| Managers |
: |
1 |
| Non Compete |
: |
Miles: 3 Years: 2 Weeks Training: 0 Cost: 0 |
| Operating dys/hrs |
: |
Mon - Sat (10am - 9:30pm); Sun (11am - 6pm) |
| Skills/Licenses |
: |
Management; Restaurant Experience |
| Business is |
: |
Relocatable: N Home Based: N Franchise: Y Lender P/Q: N |
| Data Source |
P/L Statement |
|
|
| Year (Cash Flow) |
2007 (N) |
(N) |
(N) |
| Gross Revenue |
688,125 |
0 |
0 |
| Cost of Goods |
180,123 |
0 |
0 |
| Gross Profit |
508,002 |
0 |
0 |
| Expenses |
601,736 |
0 |
0 |
| Net |
-93,734 |
0 |
0 |
| Owner Salary |
See |
See |
See |
| Benefits |
Cash |
Cash |
Cash |
| Interest Expense |
Flow |
Flow |
Flow |
| Depreciation |
Report |
Report |
Report |
| Other |
|
|
|
| Owner Benefit |
117,648 |
0 |
0 |
| Accounts Rec |
0 |
N* |
Real Estate |
0 |
N* |
| Inventory |
5,000 |
Y* |
Franchise(4) |
49,000 |
Y* |
| F F & E |
250,000 |
Y* |
Total Assets |
624,000 |
Y* |
| Leasehold |
320,000 |
Y* |
|
*Included? |
|
| Lease/Month |
: |
9873 |
Square Footage |
: |
2183 |
| Building Type |
: |
Store Front |
Terms & Options |
: |
Negotiable |
| Expiration Date |
: |
1/31/2017 |
|
|
|
| Loan/Assumable |
- Amt |
: |
0 |
Mos |
: |
0 |
Rate |
: |
0.00 |
Mo Pmt |
: |
0.00 |
| Loan/Seller |
- Amt |
: |
0 |
Mos |
: |
0 |
Rate |
: |
0.00 |
Mo Pmt |
: |
0.00 |
| Loan/Other |
- Amt |
: |
0 |
Mos |
: |
0 |
Rate |
: |
0.00 |
Mo Pmt |
: |
0.00 |
| JON FRANZ |
Office |
: |
(407) 421-0772 |
| BROKER |
Agent Direct |
: |
|
| BROWN, HARRIS STEVENS |
Fax |
: |
(407) 264-8734 |
| 190 E. MORSE BLVD. |
Cell |
: |
(407) 421-0772 |
| WINTER PARK, FLORIDA 32789 |
Email |
: |
franzjon@cfl.rr.com |
| USA |
Home Page |
: |
www.franzjon.com |
| The seller provides all data and financial information on this business for informational purposes only. The broker does not warrant the above information and advises the buyer to seek professional advice when purchasing a business. This offering by the seller is subject to change or withdrawal without notice. This information sheet has been prepared on a confidential basis exclusively for: |