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Fast Food Restaurant - NW Tucson For Sale

Details: Asking price:$975,000; Sales revenue:$509,000; Net profit:$103,000; Fixtures value:$225,000; Inventory value:Undisclosed

Business description: Franchise offers hotdogs/hamburgers and an ice cream license. Location was built in 2001 as a stand alone fast food restaurant with a drive thru. This area is highly sought after. Major thoroughfare is currently under construction and estimated to be completed in November 2008. Sales have declined appx 30% due to construction. Business can be sold as equipment, building and land without the franchise. As franchise, new owner must attend 6 week training in California at own expense. Franchise charges a 6% royalty plus a 5% Tucson advertising fee based on monthly gross sales. Current employees may be interested in staying with the business.

General information: Franchise opportunity; Years established:2000; Employees: 13 PT; Trading hours: 10am - 8p; Real Estate: Real Property Included; Lease terms:Property can be leased for $6000/mo NNN; Location:Northwest side of Tucson - heavy traffic location; Reasons for selling:Personal interests