In Bronx on a high traffic corner on White plains road & 233 ST. There is a well-established fast food restaurant for sale. Excellent location. Business year 12 year+. Don't call the business, you will be redirect to the agent. Please call the agent for any inquiries. The business' total gross income around 800k+ yearly. Monthly Expenses: Low rent only $5200 including taxes, $4200 Food, Employees: $16k monthly, utilities : $1900, Insurance: $250, Telephone & Internet: $100, Credit card processing fees: $916, Delivery apps fees: $7, 500, . Online apps uber eats, Grub hub, Door dash in good standing bringing great income. Return on investment in a year. Lease term 10 years+ option to renew & lease sign in deposit required by landlord. All the income proof can be provided upfront for serious buyer, Business loan is available from commercial lender. Inside the store business has oven, Frigidaire, Atm, security camera. The basement space includes with it. Owner is using the basement as for holding the inventory. Also, The basement has an small office space to monitor the business
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William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $319,999 | $319,999 | $319,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.159% | 6.538% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,183 | $2,127 | $2,744 |
Total Monthly Payment | $2,258 | $2,202 | $2,819 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.