Description

Check out these 2 HOT Seafood QSR Franchises. 1 in Nassau County and 1 in Suffolk County.  Current owner started expanding to other locations about 5 yrs ago and business exploded right from the start. With too much on his plate & serious partner issues , they are looking to go there separate ways and let these 2 locations with net sales of $2M go at a great asking price. These locations are not being ran to there full potential and the expenses and costs are not being controlled , which makes an easy fix for an experienced operator.

The Suffolk store opened 2 yrs ago & is on track to net sales of $800k in 2022. This location is in need of an experienced operator to come in and take control of the costs , labor , marketing etc. Being ran 100% absentee this location is breaking even and can produce a profit with an experienced operator. With a $200k build out this location is pretty much being offered to you for nothing. Fully turn key , fully staffed , fully equipped.

The asking price of these 2 locations is based on the net cash flow of the Nassau location.

 

Nassau location has been there for 5 yrs and will net sales north of $1.2M for 2022 with a cash flow of $275K. Fully turn key , fully staffed and very well known to the area.

Unbelievable long leases at each location with low rent. Current owner built out these stores using all top of the line state of the art equipment. Very low start up costs as the current owner is offering No transfer fee , No Franchise fee just pay the 4% royalty fee. The royalty fee is ONLY charged to you if the sales are over $100K for the month.

Seller financing available with the right offer and a qualified buyer.

 

1000's of positive reviews and 5 Star ratings online. This brand has also been named on some cooking channel shows. So much to see with so much more potential to grow. 

Property Information

  • Listing Number: 12094
  • Business Type: Franchise Business
  • Business Category: Restaurants Retail
  • State: New york
  • County: Suffolk

Financial Information

  • Asking Price:$650,000
  • Gross Income:$2,000,000
  • Cash Flow:$275,400
  • Seller Financing:$300,000

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