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Dominics Of New York Franchise For Sale
Location: United States -> Virginia -> Chesterfield
Industry: Food and Beverage > Other Food and Beverage




Business Summary

Dominics of New York Resturant/Kiosk For Sale

$25000 (7001 Winterpock) priced to.sell

Come by Lowes on Hull Street 7001 Winterpock Rd. and go check it out to make sure it is the Business for you.

This is a well established, well known Business. When Purchased you will own the Kiosk, and all equipment inside it. You are under no contract and can re-sell the Business whenever you wish. The Franchise has just now added an option to buy out of the Franchise and become a licensee, which I have done.

What this means is the following:
-No more 12% Royalties equaling $220.00 -$300.00 per week we now pay a low License fee.
-After 5 years owe no License fees unless you want to keep the Dominics of New York Name. - Ability to add your own items to the menu.
-Ability to move the Business anywhere you wish.
-Lower food costs. -Operate at your own hours
-Advertise where ever you see fit.
-Corporate no longer has the ability to view your sales
-Food product will be stored locally

There is only one more selling for $80,000 in the Richmond area.
:
To purchase one brand new will cost approx $120,000 to $140,000.

Family owned and operated Dominic's of New York Franchise for sale in Richmond, VA located in front of a Lowes home improvement store with lots of foot traffic. Already established turnkey business that's been located there for over 10 years.

Weekly Gross sales are between $2100.00 to $2800.00 per week. Operating costs per week approx. $1000.00. This Franchise new costs $120,000.00. I am selling mine for $30,000 .Everything is in place for you to start earning money.

For more information on this Food Franchise business for sale contact Dominick at 804-715-7155.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $140,000
Cash Flow:   $70,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  2000
Number of Employees:  1 - 3
Relocatable:  Yes
Franchise:  Yes
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Support from franchise and current ower.
Reason For Selling:  Health issues.




Print Listing Id: 700171895
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Virginia Businesses For Sale > Virginia Franchises For Sale > Virginia Business Brokers



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