20+ Year Fast - Food Restaurant - $390,000 Cash Flow - SOLD
Location: Greater CincinnatiListing Number: 39527
Financial Information
Asking Price: $1,095,000Gross Revenues: $1,650,000
Cash Flow: $390,000
Real Estate: Available to purchase
Business Description
The retirement aged owner of this fast - food restaurant has averaged over $1,645,000 in sales and $390,000 in cash flow the past 2 years. With a 10 - year General Manager, the owner works less than 15 hours per week. There was a 27% increase in sales from 2020 to 2022. Along with an experienced staff, an extremely clean operation, and a great location, this is a great opportunity for a buyer with or without food industry experience. The menu offers something for everyone that enters their establishment – burgers, salads, chicken sandwiches, double -deckers, chili, and much more.
The company is offered as an asset sale purchase, free and clear of debt. The owner will train in all aspects of the business and will be available to ensure a smooth transition. Highlights include:
SBA loan eligible
Drive – thru window
10+ Year General Manager
State of the art POS system
Property available to purchase
$300,000 remodel done in 2017
Clean books and records – all numbers are verifiable
Inventory & equipment included valued at over $100,000
2600 square foot building on .6 acre with 38 parking spots