Profile: Profitable Fast Food Franchise. Has 25 Years Left On The Lease.
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Ad/Listing Information
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| Financial Information |
Detailed Information |
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| Asking Price: |
$750,000 |
| Down Payment: |
$300,000 |
| Annual Revenue: |
$427,704 |
| Annual Adjusted Net: |
$75,838 |
| Price Range: |
$500,001 to $1 Million |
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| Franchise: |
Yes |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Call |
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Description:
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They`re Number One! Results Of The First Zagat Today Show Fast Food Survey Shows The 5,535 Participants Voted Wendy`s The Best Fast Food Mega-Chain With The Best Tasting Hamburgers. This Wendy`s Franchise Is Located By The Freeway Exit And In One Of The Busiest Street In Contra Costa County And Is A Gold Mine With Sales Going Upward Approx 21-23K Per Week. The Seller Has Just Finished Remodeling The Business Which Amounted To Over 500K. Complete New Dining Room, New Kitchen, New Floors, And Bathrooms. Current Seller Has Owned The Business Since 1989, And Has 25 Years Left On The Lease, With A Rent Increase Every 5 Years. Seats 53 With 52 Parking, 10 Full Time And 10 Part Time Employees. Take Advantage Of This Unique Opportunity With Possible Seller Carry Back, To Own One Of The World`s Best Fast Food Franchises. Note To Seller Secured By Business Assets For 450,000. The 450,000 Promissory Note To The Seller Will Be Amoritized Over 30 Years And Due And Payable In Ten Years After Close Of Escrow. Yearly Interest Rate Will Be 10% Fixed.
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