Big Name Fast Food Franchise, Absentee Owner

Business Overview:

Well-known big-name fast food franchise restaurant at an almost giveaway price. Almost $600,000 in annual gross sales with a net annual take-home pay of close to $90,000... What makes this all the better is the seller is an absentee owner, actually he lives in another state even. So the sales numbers mentioned above are pretty passive numbers.

Imagine what an owner-operator in place on a daily basis would do? I’ll tell you what, the already good sales here would increase significantly. Well into a six-figure annual net take-home pay.

And hey if you were in the area it is safe to say your restaurant food costs and personal food costs would go way down. Labor costs would also be an easier number to chew and swallow too.

Being a part of a franchise as you can imagine comes with the delicious money-making recipes that are already in place for you, and all the marketing, advertising, and training are tight (that means looking good). Everything is organized and streamlined for you to win.

This franchise food menu is set up perfectly for making big dollars on catering, meetings, and special occasions. Even the square footage of this restaurant is 2200 so there is plenty of room to have parties in-house. (means at the restaurant) Lots of time left on the lease and has an option to extend even. This is a safe business opportunity investment, you should check it out.

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Property Features and Assets:

The monthly lease is $7,000 with the Triple net included. The current lease expires June 2028 and does have an option to extend. Has 2200 square footage with seating for 68. Lots of free parking is available. Operated by 5-8 employees, seller is absentee. All the equipment is owned and included in the purchase price. The franchise fee transfer is $10,000.

Market Competition and Expansion:

The restaurant is already making good money but an owner-operator here would have the most positive effect to increase the sales. An owner-operator could be proactive on the many catering opportunities that are available to this type of food concept. An owner just being able to keep an eye on things to make sure less waste and better customer service all adds to the profit line.

Reason for Selling:

Seller lives out of state, hard to mange

Additional Details:

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