Business Overview:
Three(3) fast food restaurants, 2 in Sacramento, CA area and one newer in southern Oregon. Subject to corporate approval to take over franchise fast food biz. Corporate requires mini $600,000 cash in account and 5 weeks training etc. 2 in CA needs TLC for cost of about $300K. The one in Oregon shadow anchor major store. Package sale due to owner relocating. NDA required for quiet and confidential sale and broker needs to pre-qualify buyer prior to any disclosure of information per seller. Seller strongly believes that anything other than quiet & confidential sale damages his business and cause employee unrest, etc. Fast food restaurants enjoys stable sales either in good or bad economy. Now is the time to acquire 3 of them in a high barrier of entry of a stable type of business. Buyer should have great management and people skills.
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:
Two of the fast food restaurants are in the Sacramento, California area and one in southern Oregon. The two in CA needs remodeling estimated to be about $300K. The one in OR is newer shadow anchored by Walmart. Room for increase sales. Target annual gross revenue should be 1 million for each with up to 1.2 million each in the high side.
Market Competition and Expansion:
Acquires the 3 now and continue to acquire more in the future. Corporate is eager to have franchisee to continue to expand new stores in certain area and cities that does not have its presence.
Reason for Selling:
Changing careers
Additional Details:
- The property is leased.
- 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.
Resources: