Burger Franchise For Sale - Steps From University

Memphis, TN
Shelby County

Asking Price: Annual Revenue:
$75,000 $351,680

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Burger Franchise For Sale - Steps From University Broker: Steve Weinbaum
License #: 365512, SL 3406248

Quick Facts

Asking Price: $75,000
Annual Revenue: $351,680
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: $56,763
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2017
Employees: 8
BBN Listing #: 72998096
Broker Reference #: 7148

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Business Overview:

Profitable and Turn-Key Burger Franchise for sale Just a Short Walk From the University of Memphis in the Beautiful State of Tennessee. This Easy to Run Burger Franchise is Already Generating Sales of Over $350,000 and Owner Earnings of $56,000. Terrific Low Rent, No Franchise Transfer Fee, and On-Site Training Make this a Great Opportunity for New Owner Operator. ALL FOR $75,000! Burgers, Beer, and Students..."Need we say More?" The perfect combination to own this profitable burger franchise for sale for less than $100,000 which is around half of what this Owner spent less than three years ago to open this fast-casual burger franchise for sale brought to you by We Sell Restaurants. The burger franchise for sale, as recently described in QSR Magazine, is "A fast Growing National Burger Chain." This Burger Franchise for sale sensation started just three years ago and already has hundreds of locations operating nationwide and expects to have 600 by year-end. Reinventing the burger may not be easy but these guys figured it out. The restaurant serves popular milkshakes, fresh-cut fries, onion rings, wings, salads, draft beer, and dessert options, all served in an upscale atmosphere with big screens, tables, and a bar. The restaurant is close to the University of Memphis with more than 20k students, neighborhoods with more than $60k household income and 10 minutes from downtown/midtown Memphis. The business has more than 15,000 followers on social media and has a good reputation in town with more than 4.5 ratings on all platforms. The burger franchise for sale location is easy to manage 1300 square feet with a low rent of $2450 per month which is only 8.4% of current sales. A new owner can continue to grow revenue and profit by expanding on areas such as 3rd party delivery and catering. These are new revenue streams that the current owner is beginning to take advantage of but still have significant upside potential. The burger franchise for sale comes well equipped with a hood, walk-in, grill, griddle, fryers, milkshake maker, back bar and beer draft coolers...everything you need to take this profitable and fast-growing brand to the next level. Don't miss out.

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Property Features and Assets:

List of Kitchen Equipments 1 Nieco Flame Grill Conyeor 1 Flat Top Griddle 2 Fryers 1 Toaster 1 Hood System 1 Sandwich Salad Cooler 1 Back Bar Cooler 1 Draft Beer Cooler 1 Milkshake Blender with Cooler Small kitchen wares List of Furniture and Fixures 6 Dining tables 3 Booths 8 chairs 18 Bar stools 1 POS System 2 Telephone 1 Desktop with printer and scanner 1 camera system 1 Music system 1 Digital Menu Board 3 TVs 1 Ice Maker 3 Digital Bar Panels 1 Digital Sign 1 Exterior sign 1 Digital Safe Box

Market Competition and Expansion:

1) Close to the University of Memphis (more than 20k students every year); neighborhood with more than $60k household income and 10 minutes from downtown/midtown 2) More than 15K customer followers on Social Media and a solid customer base for catering.

Reason for Selling:


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.

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