$330k Net Clean Tax Returns SBA BANKABLE Mexican Take-Out Central Valley NY With Property

New york (Montgomery)

  • Listing Number: 12057
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$330k Net Clean Tax Returns SBA BANKABLE!!  **This is a must-see opportunity anybody in the retail hospitality business who wants to own an extremely well oiled machine that's been in existence in Upstate New York for 12 strong years. ***20% DOWN*** WHERE CAN YOU FIND A DEAL LIKE THIS?
 
**Customers are obsessed and dream about their burritos on a daily basis vegetarian options are always a big hit on the menu. Staff is extremely friendly and all veteran employees who have been around for many years. Customer service is superior. Decor is super sexy. Owner Nets over $330,000 clean per year on tax returns
 
**The building is valued at a 5% cap rate because there are two apartments upstairs one of them at 1750 a month currently the other one 1150.00 a month currently with potential for 2nd apartment to generate 1750.00 as well.  The building is valued at $850,000 with its current rent roll
 
**A deal could be structured with a 504 sba-guaranteed where is the property would be 51% of the purchase price lending itself to bank money with 25% down and good credit and experience. 70% of this business is running on delivery services third party delivery apps and is owner-operated
 
This is near not far from Woodbury Commons Near Central Valley,  70% of revenue is delivery, prefect for an operator whom is in the Newburgh or Poughkeepsie or Highland or surrounding area.  
 
 
 
** the property is an additional $850,000 in addition to the asking price of the business
 
If you are registered with our company please call your agent or call/text me 516-779-8900 Henry Galasso.  If you are not registered please register www.east coast stores.com/register

Property Information

  • Listing Number: 12057
  • State: New york
  • County: Montgomery

Financial Information

  • Asking Price:$850,000
  • Gross Income:$1,550,000
  • Cash Flow:$330,000
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Henry Galasso

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Disclaimer

The financial information herein has been provided by the seller. East Coast stores or east coast business brokers or its brokers make no claim to have verified this information. We recommend that the buyer conduct his own do diligence and perform the financial verification needed to conclude any due diligence. The buyer understands that they will hold ECS or ECBB harmless of any claims resulting in misrepresentation by the seller.

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