Buy a Business

Advert Ref: 1130

Real Estate Included: Large Buffet Restaurant For Sale

Details: Asking price:$2,600,000; Sales revenue:Undisclosed; Net profit:Undisclosed; Fixtures value:Undisclosed; Inventory value:Undisclosed

Business description: This stand alone building is perfect for the restaurant concept needing large volumes and plenty of space. There is approximately 11,470 SF with 300+ parking space perfect for a national chain restaurant. Many concepts can work given the well populated and diverse area including Mexican, Italian and Asian food: Whites and Hispanics within the 5 mile area make-up 82% of the population. The kitchen is large and fully loaded with plenty of equipment. It is located on a corner of a busy intersection with as many as 80,000+ vehicles driving by each day.

The kitchen is fully loaded and turn key. There current is a wok stove, but easily replaced with an American stove.

Buy this building for only $2,600,000 and with 30% down, the monthly principle and interest payments are about $13,000. Or lease it for $13,000 a month plus NNN costs of about $3,500.

Much of the equipment to operate this facility is already in place including walk-in cooler, walk-in freezer, several hood systems booths, tables and much much more.

General information: Real Estate: Real Property Included; Lease terms:11740 sq ft $13000/mo 5 yr term w/ 2 x 5 yr option