Well-established franchise quick-service restaurant located in the prime commercial area of Corona with strong foot traffic and excellent visibility. The business generates approximately $1.67M in annual gross sales with an estimated net income of about $170,000 per year. Spacious layout featuring approximately 2,500 SF on the ground floor plus an additional 2,500 SF full basement. Seating capacity for about 50 guests. Fully staffed with 5–6 employees and open 7 days a week. Lease term has 7 years remaining with renewal options. Monthly rent is $23,000. Turnkey operation suitable for owner-operators or investors seeking a stable, income-producing business. Financials are available upon request.
37-21 Junction Boulevard, Corona, NY, 11368
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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