Business Overview:
This fast food franchise offers fast casual dining with high quality fresh food with premium quality ingredients. This franchise has a tried and true brand name with a proven track record of success. Their success and large number of repeat customers can be attributed to their great food and well trained staff. The restaurant has a very experienced, highly trained management team and is clean, well maintained and very well run. The restaurant is located in one of the fastest growing areas of the Triangle and is located on a busy thoroughfare with excellent visibility. This location is currently run absentee, for an owner/manager the cash flow would be approximately $209,000. The franchisor requires that franchisees have a combined net worth in excess of $700,000.
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Property Features and Assets:
3,300 square feet stand alone restaurant with drive through and plenty of available parking for customers. The restaurant is fully equipped with everything needed to run the restaurant, has appealing and modern fixtures and a long term lease. It is located on a highly traveled major thoroughfare and has excellent visibility.
Market Competition and Expansion:
The store is ideally located in one of the most rapidly growing areas of the Triangle where the growth in households is estimated to be 23% in the next 5 years. The restaurant, as well as the franchise as a whole, has shown an amazing resilience to the current recession. This is a well established restaurant with a loyal customer base. The next closest location of this franchise is 12 mile away.
Reason for Selling:
Partnership dissolution.
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.
Resources: