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Buying existing profitable fast food restaurant need funds immediately

Overview

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Ad number:#343249455
Contact:William
Phone:312-509-8583
City:Chicago, IL
Zip:60642
Price:See ad
Square ft:N/A
Beds:N/A
Baths:N/A

Description

uying existing profitable fast food restaurant and need funds immediately. Seeking a legitimate private lender or short term limited partnership. Already spent $25,000 in legal, accounting, consultancy, and misc. fees out of pocket. Time is running out to purchase. The restaurant grosses roughly $50,000 monthly, and roughly nets $25,000 monthly presently from cash and credit card sales. The business has been open for 8 years. Seeking $250,000 to $300,000. The purchase price is $190,000. The restaurant currently has $70,000 in equipment and tangible assets. The restaurant is debt free. The remainder of the funds we are seeking is for expansion, and additional equipment purchase, as well as additional short term operating capitol. Seeking to close within the next week. Everything is verifiable. The restaurant has good Yelp! and google ratings. We have a business plan and an agreement which includes the current owner staying on for 30 days to ensure a smooth transition. Must be willing to sign a non-disclosure/ non-circumvention agreement. Willing to pay up to 18% interest within 24 months. Serious inquiries only.

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