Restaurant franchise with 6 locations. All locations are doing well. Well known brand with great franchise. Owner is not working in the stores but rather directing from behind the scenes. He has an operations manager in place and is able to walk away when he would like to. Can be run from somewhere else but can not be relocated. Tremendous opportunity to get 6 units in an area of Oregon that is growing explosively. Owner has been running absentee the past 2 years, if the purchaser was more involved profits would improve. Seller will carry with very favorable terms.
- Asking Price:
- $875,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $3,192,652
- Cash Flow:
- $148,243
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
Located in high traffic areas.
Business Operation
- Expansion Potential:
-
Population is increasing in this area causing growth.
- Competition / Market:
-
This is an old brand and has survived the test of time. There is not a lot of competition in the area where these are located.
- Reasons for selling:
-
Owner is retiring.
- Trading hours:
-
Sunday-Saturday 9am-10pm
- Employees:
- 1 FT/22 PT
- Years established:
- 32
Franchise Information
- Franchise opportunity:
-
Franchise Resale
Other Information
- Support & training:
-
Will train for 2 weeks @ $0 cost.
- Furniture / Fixtures value:
- $300,000 - included in the asking price
- Inventory / Stock value:
- $50,000 - included in the asking price