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Profitable Turn Key Fast Food Restaurant
Location: United States -> Idaho -> Boise
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

$225,000
Call Gary at (208) 331-6782
Coldwell Banker Tomlinson Group

Profitable Turn-Key Restaurant: This business started over 4 years ago and is located adjacent to Boise State University (23,000 Students), Albertsons' Stadium (36,000 Seating), and the Taco Bell Arena (12,000 Seating). Sales have increased every year!
-Located on a major arterial in Boise on Broadway Avenue with indoor & outdoor seating!
-1,011 sq. ft. building with outdoor seating and 4 years remaining on the lease.
-Complete Fast Food Menu but cooked when ordered, more consistent quality, good service & AFFORDABLE!
-Good Old School Burger place with good quality burgers, fries, fry sauce and shakes!
-Don't want a burger? You might try their GREEK SALAD with Gyro Meat! WOW!
-Lots of Yelp comments on the quality of food: Great Food, Great Fries, and Great People!
-Hours are from 9am to 9:00pm Monday – Friday and open 10:00am to 9:00pm on Friday & Saturday nights.
-Sales and Profits were down in 2017 due to the Broadway bridge being closed for 8 months!
-Great opportunity for the right buyer, or even better, a Husband Wife ''Team'' to continue to build sales and to keep this restaurant thriving!
- DOESN'T INCLUDE THE USE OF THE BUSINESS NAME! If Buyer(s) want to use the BUSINESS NAME, they must enter into a Licensing Agreement with the Seller!

SHOWN BY APPOINTMENT ONLY! VERY CONFIDENTIAL!
DO NOT BOTHER EMPLOYEES OR ASK THEM ANY QUESTIONS!
Potential Buyers must sign a Confidentiality Agreement, as well as provide proof of funding! Please serious inquiries only!

LOCAL BANK LOAN SCENARIO:
10 years at 6.5% interest with a 25% down payment ($56,250) with a monthly payment of $1,916.
-All loan scenarios are subject to the strength of the Buyers collateral support!
-New SBA guidelines need to be reviewed where the majority of the loan is Goodwill!


Financials

Asking Price Range:  < $250K
Gross Revenues:   $335,004
Cash Flow:   $59,075
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $83,200
Seller Financing:  No

About The Business

Year Established:  2013
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Negotiable
Reason For Selling:  To pursue other interests

Photos

View Larger Photo(s) Of Business
Profitable Turn Key Fast Food Restaurant Photo 1




Print Listing Id: 700285499
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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 > Idaho Businesses For Sale > Idaho Franchises For Sale > Idaho Business Brokers



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