SOLD! Fast Food Franchise for sale in Chicago, Southwest Suburbs, Near Orland Park, Illinois

Fast Food Franchise for sale in Chicago, SW Sbrbs, Near Orland Park....$128,000.00 + inventory

SOLD Price reduction. Owner will consider/accept all offers.

Sale includes: The entire business, equipment & fixtures.

The owners are selling because they bought & built the restaurant for their son and shortly after the closing, he changed his mind about being in the restaurant business. This is a great opportunity to buy a new Mexican restaurant with a ton of potential for less than it would cost you to build and without all the headaches.

Here are just a few of the reasons to buy this restaurant;

The current owners are running it absentee
The owners have invested over $300,000 and it shows
The franchise royalties are only 4% of gross sales (most franchises are 10%)
Ongoing training & support from the franchisor
There is no franchise renewal fee
They currently are not offering deliveries even though customers are requesting it
It just opened in May 2008 and is already turning a profit
Protected area for franchisee
Current owners are not doing much advertising
They are not offering online ordering even though customers are requesting it
Outdoor seating can be added
A drive-thru can be added
High traffic counts
Long term lease

*Note: A copy of the menu can be faxed or emailed to you upon request.

Asking Price: $128,000.00 plus inventory
Gross annual sales (approximately): $407,172.60 (As Stated By Owner)
Cash flow or net (approximately): $80,685.36 (As Stated By Owner)
Value of furniture, fixtures & equipment (approximately): $135,000.00

Value of inventory (approximately): $4,000.00 (not included in asking price)
Lease details (approximately): The lease is 10 years with (2) five year options. Base Rent is currently $2,056.50/month. C.A.M. charges are currently $207.25/month & R.E. Taxes are currently $1,036.25/month. The space is approximately 2,487 square feet. There are approximately 70 seats.

Seller Financing: There is no seller financing being offered on this deal.
Contact: Dennis, info@abausa.com or 312-360-1955