Seller's Contact Information
- RE: Longstanding & Lucrative A&W Franchise
- Contact: Small Business Deal Advisors
Quick Facts
Asking Price: | $750,000 | |
Annual Revenue: | $1,089,249 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $257,701 | |
Total Debt: | Not Disclosed | |
FF&E: | 175,000 | |
Real Estate: | $330 | |
Year Established: | 1959 | |
Employees: | 20 | |
BBN Listing #: | 338545079 | |
Broker Reference #: | 819 |
Business Overview:
Founded in 1959, this A&W franchise is an integral part of the community and is well-loved by both locals and visitors. The restaurant has been owned and operated by the same family since 1977, adding to its long-standing presence in the area.
The A&W franchise is renowned for its rich history across the United States and for serving American-fare style food. Additionally, this franchise location features a canopy drive-in that is reminiscent of earlier times. While most of the restaurant's primary customer base is composed of locals, many visitors from nearby areas also travel to the restaurant to enjoy the unique experience of dining at the original-style drive-in location.
The restaurant's revenue increased by 46% between 2019 and 2020, and the company has sustained this high level of revenue for the past two years. The classic A&W franchise brand combined with the Company’s significant increase in revenue positions it well for continued growth.
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Property Features and Assets:
946 square foot facility features a back deck, a parking lot with a drive-in canopy, and 16 drive-in stations complete with menu boards and a speaker system. The owner is looking to sell the real estate as well. The real estate has been appraised at $330,000.
Market Competition and Expansion:
Investment Highlights Include (1)Strong Franchise History (2)Prime Vendor Relationships (3)Excellent Location & Loyal Customer Base Growth Opportunities: (1) Open Business Year-Round (2) Increase Franchise Branding & Marketing
Reason for Selling:
Ownership seeking to spend more time with family.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
Documents:
Relevant Links:
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