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South Phila

  • Listing Number: 236-22457

    Category: Food - Restaurant

Asking Price $399,000
Gross Revenue $397,217
Total Adjusted Net Income $99,041
Equipment / Fixtures $40,000
Year Established 2013
General Location South Phila
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Take out Wings, Burgers and Steaks with walk up window. DoorDash, GrubHub available for deliveries. 35% of business receipts are cash, owner can provide documentation. No competition in the area, business has been at this location since 2013. Building available for purchase as well.

Gross Revenue
$397,217
Listed Price
$399,000
Total Income
$99,041
Base Rent
$1,800
Square Feet
900
Total Rent
$1,800
Lease Expiration
06/2025
Lease Options
2 / 5 years
Inventory
$20,000
Leasehold Improvements
20000
Equipment / Fixtures
$40,000
Other Assets
All equipment up to date and paid for, no leaseholds or rental agreements in place
Full-Time Employees
3
Training Period
3 months
Part-Time Employees
1
Reason for Selling
Owner moving

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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