Owner Financing is Available
Business for Sale Overview:
Four fast food Mexican restaurants have been put on the market as the owner wants to retire after many years of profitable ownership. These are franchised locations, with the franchisor having been in business for many years. Locted in south central Kansas.
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:
All assets are included. The real estate is owned in 3 of the location. In the 4th location, the building is owned however there is a ground lease. Real estate may be purchased for an additional $495,000. Or, the seller will continue as the landlord with a $60,000 per year rent for all locations. (Note, this rent factor has been calculated in the cash flow shown above. Approx. $100,000 per year cash flow after rent has been paid!
Market Competition and Expansion:
Business is doing well. With the slow economy, customers are not eating at the other restaraunts as much but have moved over to the fast food community it would seem.
Reason for Selling:
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.