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Guide me with this Deal....

Free Posting of Your Restaurant for Sale

Guide me with this Deal....

Postby anupanup2 on Wed Nov 12, 2008 9:38 pm

Store is approximately 2,040 square feet, with seating for 62 people, in current Tuscany decor.
Equipment: Front counter measures 20' 6" (very spacious work space) One 4' refrigerated back counter, 3 additional Duke back counters for extra storage
Two microwaves, two bread cabinets
Nu-Vu Oven-Proofer, Turbo-Chef high-speed toasting oven
New 2007 DELL POS cash register system

Back room: Cooler and freezer are 6' x 8' each, with two bread retarder cabinets
2 - 6' foot stainless steel prep tables, and one 4' prep table
Veggie sink w/ drainboard, hand sink, and 3 compart. sink (dual drainboards)
5 four-tiered shelving units
All white FRP, including 13' x 7' office space & small employee restroom

Other amenities: Two complete ADA approved restrooms in lobby & private bath in back room
Very spacious store with a well-designed floor plan
Store and all equipment are in excellent condition
Store is in both business and residential area, with 16 commercial acres for sale across the street.

Expenses: Rent: $2,042 (includes CAM, insurance and taxes & landlord responsible for all HVAC repairs (New 6 TON High Efficiency unit just installed 10/08)
Electric: $700 (12 month average)
Gas: $50 (12 month average)
Water: $100 (12 month average)
Phone: $200 (2 phone, 1 FAX, 1 modem, digital cable music)
Trash: $45
Building Ins: $100
Food: $1300 per week (average)
Employee Payroll: $800 per week (5 employees)

Store Sales: Averaging between $255,000 and $260,000 per year

Store Hours: Currently M-F - 9 a.m. to 8 p.m. - Sat. and Sun.- 10 a.m. to 8 p.m.

Asking price: $195,000 (WILL ACCEPT A REASONABLE OFFER)
anupanup2
 
Posts: 2
Joined: Tue Nov 11, 2008 4:50 pm

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