Food Franchise Restaurant In Summerfield, FL!
Summerfield, FL Marion County
Summerfield, FL
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- RE: Food Franchise Restaurant In Summerfield, FL!
- Contact: Kavita Purohit
Quick Facts
| Asking Price: | $149,000 | |
| Annual Revenue: | $300,000 | |
| Net Profit: | $100,065 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2000 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 952068 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
Yearly sales are $300,000!
Yearly Net Profit is $100,000 AFTER paying a Payroll of $60,000 per year, as well as rent and all other expenses!
Business is Eligible for an E2 Visa!
Rent is extremely low at only 8% of sales! That's only $2,000 per month! The business is located inside a major retail center so the Rent INCLUDES Electricity, Pest Control, AND Water/Sewage.
Franchise Royalties are only 7%! One of the lowest franchise royalties in the food franchise industry! Franchise transfer fee is $10,000.
Seller took over from the manager since the manager never fulfilled online orders! Store was only partially open with the manager shutting down the store in the early afternoon!
1 hour from Orlando, FL and Gainesville, FL! 1 hour 30 minutes from Tampa, FL! 2 hours from Jacksonville, FL!
Population is increasing by 7% year-to-year! Located in a densely populated residential neighborhood!
Near to apartment complexes like Summer Field Estate Jacksonville FL, Parker at East Village, Standard441 Luxury Apartment Homes, Lady Lake Square Apartments, Quarters Apartments, and Arden Place.
Close proximity to a newly developed subdivision with 140 homes!
Extremely high average traffic count of 29,000 vehicles passing by the Restaurant each day!
Asking Price for the Business-only: $149,000 plus inventory!
Seller has another location that he is willing to sell only 30 minutes away!
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Market Competition and Expansion:
Close proximity to a newly developed subdivision with 140 homes!
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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