Breakfast & Lunch in Opportunity Zone/Seminole Heights
Asking Price: | $175,000 |
Gross Revenue: | $379,788 |
Rent: | $5,000 |
Established Year: | 1975 |
Cash Flow: | $100,298 |
Inventory: | $5,000 |
FF&E: | $75,000 |
Seller is motivated and says bring all offers. Real Estate option is available at market rate. This is a great opportunity to own a 50 year old established neighborhood breakfast and lunch business located in an Opportunity Zone and one of the bright real estate areas of Seminole Heights. This seller has had it for the last 15 years and is ready to fully retire. Used to do 7 days a week and it still should be. Health and wanting to retire have slowed him down. Equipment is in very good condition. This is an excellent family opportunity. This is the kind on neighborhood business that you see the same customers day after day. There is extra income because of the size of the property. U Haul($30,00 a year) and lottery($4,500 a year). Those incomes are included in the total sales. A lot up upside in the neighborhood growth. Restaurant seats 72. Depending on how hard a family wants to work doing dinner or 24 hours is a natural area for growing the brand. How many people can say they own a 50 year old landmark restaurant?
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Wayback Burgers
Available Nationwide
FranchiseCash Required: $250,000