Business for Sale Overview:
A multi-location casual restaurant franchisee with a presence throughout Missouri and Illinois. Each well-maintained, high-traffic store averages more than 4,800 square feet and reached $1.4 million in annual sales in 2008. Sales have remained fairly stable in recent years, averaging $19.2 million per year between 2006 and 2008. The Company has not added any new franchise locations over the last eight years and shut down operations in two stores in 2007. Same-store sales have demonstrated steady year-over-year growth. Consolidated sales in 2009 are forecast to reach $19.25 million, representing an increase of 3.5 percent over 2008 levels.
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:
Multiple free-standing stores in Missouri and in Illinois.
Market Competition and Expansion:
The Company’s excellent reputation and well-maintained stores are key competitive advantages and provide outstanding platforms to increase market share. The addition of capital and human resources and geographic expansion clearly present likely areas for immediate growth.
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.