Absentee-Owned Captain D's w/Property in Nashville

White House, TN
Robertson County

Absentee-Owned Captain D's w/Property in Nashville

Asking Price: Annual Revenue:
$2,250,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Absentee-Owned Captain D's w/Property in Nashville Broker: Kavita Purohit

Quick Facts

Asking Price: $2,250,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: $202,540
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 682233274
Broker Reference #: CaptainD'sProp2.2M

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Business Overview:

Please do not talk to employees when visiting the location. Seller is a 100% absentee owner and has access to the cameras on site. If he finds out you spoke to employees, then he will not do a deal with you.

Even during Coronavirus pandemic, weekly sales are not significantly affected!

100% Absentee-Owned Captain D's in Metro-Nashville, TN Area! Sales for 2019 are $1,047,632! EBITDA is $202,540 after paying $311,669 in yearly payroll! Cap rate at 9.00%! The Seller is paying the general manager a $50,000 yearly salary. Buyer can bring payroll down to a more efficient level at 25% of revenue, which is typical for a QSR managed properly. That would increase net profit an additional $50,000!

Seller has too many businesses to manage and is spread thin. Buyer with more time to spend on the business could reduce COGS to 30% and save over $30,000! COGS is currently at 33% for an Absentee Operation.

Newly built in 2018! No re-image requirements for the Buyer!

Exit Location! 30 mins from Nashville, TN!

Captain D’s has been a place where customers can share great seafood in a warm and family-friendly environment, at unbeatable value. Fast, casual seafood restaurant chain serving fish & seafood dishes.

Average Daily Car Count is about 18,600! Total population within 5 miles is 25,224!

Walking distance to multiple schools, sports complexes, a municipal park, schools, residential/apartment homes, and hotels.

Asking Price is only $2.25M + inventory!

Asking Price for Business-only is $399,000 + inventory. Inventory is approximately $15,000 at cost. Rent will be $9,500 NNN with a 15-year lease available!

If interested, please email your full name and best contact number to info@riverbrokers.com

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

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