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Business For Sale
FRANCHISE FOOD SERVICE, PRICED FOR QUICK SALE!
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Asking Price: |
$200,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Restaurants, Fast Food, Deli
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Reason for Selling:
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Planning for Retirement. |
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Year Established:
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1998 |
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# of Employees:
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1 Full/12 Part |
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Yearly Revenues:
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$500,000 |
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Yearly Cash Flow:
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$110,000 |
Business for Sale Overview:
Franchise Quick Service Food Business. Almost 9 years in business at the same location. Great location in the suburbs. Lots of support from Franchise HQ. Reasonable royalties. Trained staff in place. Great long-term lease.
Motivated seller is planning for retirement. Priced well below the cost of starting a new franchse locatation in a similar market. Present owner paid off $400,000 start-up loan in 5 years.
Qualifies for SBA financing. Good books and records. Owner has first right to open other stores in the market area. Solid sales growth but plenty of room for improvement - focus on business catering, to-go orders, etc.
Property Features and Assets:
2,500 sq. ft. building.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for 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.
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