Business for Sale Overview:
Perkins turnkey franchise opportunity located in a growing, vibrant, and friendly enclave in Upper Midwest Great Lakes Region located on major highway with over 30,000 cars per day and over 600 hotel rooms in the immediate vicinity. The city is also home to a major hospital, university, federal courthouse, county seat and international airport. Extraordinary tenant improvements less than two years old that helped generate over $1 million in revenue and $162,000 in profit within the first seven months of opening. Multiple opportunities exist: own franchise with favorable lease terms or outright purchase of the property with franchise.
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 franchise opened in May of 2007 with stunning success. Seven month sales exceeded one million dollars and profit of $162,000. Restaurant is located within close proximity to over 600 hotel rooms on a major US Highway.
Owner is willing to sell just the franchise portion of this business for $800,000 and the restaurant can be leased.
Market Competition and Expansion:
Marketing is a combination of franchise and locally developed plan. Monthly franchise fees fund regional television and newsprint advertising while owner is involved in direct mail, local newspapers and promotions with local hotel operators. A large American flag along this major US highway is another strong marketing asset.
Reason for Selling:
Other Interests lost partner
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.