Business for Sale Overview:
With 250 plus locations these popular restaurants can be found throughout the highways and byways of America. They are all about friendly service, southern hospitality, and enthusiasm. It is a full service restaurant that is a National Franchise Chain. There are three locations included with this sale. Two out of three locations are owned by the seller and will be leased to the buyer at a negotiated cost before closing. These three locations can practically run themselves. There are key managers in place to keep everything running smoothly and efficiently as possible. Great opportunity to own one of the most well known and long standing franchises out there! The corporation is not currently offering franchises for sale so this is the only way to own these restaurants.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
The owner owns two out of the three buildings. She will lease them at a negotiated price to be decided before closing. The other location already has a lease in place at $5,572 per month. This lease expires in 2015 with an option to renew. Two of the locations consist of 6,400 square feet, while the other location is 6,200 square feet. All locations have great curb appeal from the road. Currently the owner is seriously considering an additional location for expansion in Middle TN.
Market Competition and Expansion:
There is not much competition for a restaurant like this. They have an advantage because they have been around for so long and they have become a well known brand for practically everyone in the South.
Reason for Selling:
Other business interests and semi-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.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.