Business for Sale Overview:
** Price Reduced to $250,000 ** This location of a very well known franchise was opened in 1988. The company’s products include various ice cream treats, sandwiches, burgers, salads and non alcoholic beverages. This restaurant sells high-quality products with a powerful brand. This business would be a good fit for an entrepreneur wanting to get into a well known franchise with a powerful brand, great reputation, an established customer base and with lots of upside potential, particularly as the national and regional economic outlook improves. Owner financing with a $100,000 down payment. Open 10a-109p 7 days per week. (Gross Sales based on 2008 tax return) This offering is structured as an asset sale. This is neither an offer nor a solicitation to sell securities. To find out more about this exciting opportunity, please complete the Contact the Seller form below and ask for Tom Given in the comments box.
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:
The company is located in a standalone building in the greater El Paso area in an area experiencing significant growth. 2300 sq. ft. @ $2,450/mo. Lease base rent expires 2013.
Market Competition and Expansion:
This type of business is competitive, but is somewhat isolated from other competition due to its location just outside the El Paso city limits. Growth and Expansion: Current owner believes significant opportunity exists to improve margins by paying closer attention to food waste/loss as well as food cost. He believes the opportunity exists to add as much as 5% to the gross profit % with close monitoring of the above. Also, although the franchise does an extensive amount of national advertising, he believes that significant sales increases are possible by sending out direct flyers to his market area.
Reason for Selling:
Owner of business wishes to sell for health reason
Additional Details:
- The property is leased.
- 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.