Business Overview:
This is a real opportunity. These four locations in South Central Kansas are profitable. About $100,000 cash flow on an investment of only $244,000! Pay for this well established business in only 2 1/2 years and have a great income thereafter for as long as you like. A $60,000 fair market rent factor has already been factored. Buy the real estate (great locations) if you like, ($495,000) or continue to lease them. Your choice. This is no start-up situation. These are seasoned, well established stores. Contact broker: John Harris for a Confidentiality/Non-Disclosure Agreement. Managers are in place and employees too.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
There are four separate locations (different communities). Three are owned and available for purchase. The fourth location is a ground lease with the improvements (building) included. All furniture and fixture items necessary for business operation is included. Real Estate may be leased if desired. Support/Training: These are franchised locations. The franchisor offers training and the seller also will train appropriately as necessary. The franchisor will require the buyer to be financially sound, however a particular net worth has not been required.
Market Competition and Expansion:
Competition: These are Mexican Fast Food restaurants. The franchise is very well known in the mid-west and has an excellent reputation as do the individual subject stores. There are other national fast food Mexican restaurants as well in the area. Business is good and continues to get better.
Growth and Expansion: Other franchised locations come available throughout the area from time to time.
Reason for Selling:
Retirement.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.