40-Completely remodeled buffet for sale—SOLD
National Franchise. Absentee owner lives 90 miles away and visits the store 1 day per week. One Manager’s salary of $85,000 has been added back to cash flow to reflect an owner-operator cash flow. Completely remodeled in 2006 ($485,000). Business partially closed during remodel costing an estimated $100,000 in cash flow. Annualization is based upon the 6 month June P&L. Buyer pays for own Franchise Agreement. Lease term in line with new Agreement 15 Yrs with 2 five-year options. Lender Pre-Qual
| Category | : | Restaurants | ||||
| Detail | : | Buffett | Price | : | 1,570,000 | |
| County | : | Brevard | Down | : | 200,000 | |
| State/Prov | : | Florida | Adj Net | : | 410,446 | |
| Country | : | USA | Sales | : | 3,369,004 |
We also offer full management services with Apogee New Dawn.
For more information, contact UR-COUSIN Emile Farah (305) 754-1000 or farah@farahreacquisitions.com
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