This established, highly-successful, franchise restaurant “2-pack” is absentee owned. The seller spends an average of four (4) hours per week managing the managers and the marketing of the stores. Tenured managers and staff are in place at both locations enabling a true absentee-ownership role. Annual revenue exceeds $2 million and SDE averages $268,000. Since opening, these locations have grown, developed a solid reputation (4.3 star rating) and a loyal clientele in both locations. The highly respected franchisor is large enough to gain economies of scale for its franchisees but small enough that each franchisee enjoys a personal relationship and advisory role. Prospective buyers must apply with the franchisor, meet its franchisee requirements for approval and complete all required training.
For a very reasonable investment, a new owner could hit the
ground running with this turnkey, absentee opportunity. With the support of an excellent franchisor, the buyer does not need extensive restaurant experience to be successful.
For more information, contact the listing agent Charlie Scarlett with Transworld Business Advisors or our office at and ask about listing number 295474. Real Estate included through WJRJR LLC, Listing Broker William Roland Jr.
- Asking Price:
- $725,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $2,061,700
- Cash Flow:
- $276,710
Business Operation
- Reasons for selling:
-
Relocation
- Trading hours:
-
3pm - 11pm weekdays, 11am - 1:00am weekends
- Employees:
- 50
- Years established:
- 2016
Franchise Information
- Franchise opportunity:
-
Franchise Resale
Other Information
- Support & training:
-
Number of Weeks Seller Will Offer Training: 4
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Furniture / Fixtures value:
- $300,000 - included in the asking price
- Inventory / Stock value:
- $16,000 - included in the asking price