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Quick Facts
Asking Price: | $200,000 | |
Annual Revenue: | $678,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $78,125 | |
Total Debt: | Not Disclosed | |
FF&E: | $150,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2002 | |
Employees: | Not Disclosed | |
BBN Listing #: | 46916076 | |
Broker Reference #: | GBS400A |
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Business Overview:
This Schlotzsky/Cinnabon franchise restaurant has been open for 20 years. The restaurant is located in the eastern part of El Paso. Their menu includes their legendary sandwiches on house baked bread using the franchise recipes and also includes pizzas, flatbreads, soups, salads and Cinnabon products.
Based on actual results through August, 2022, it appears that 2022 sales will be approximately $678,000 and that 2022 discretionary earnings will be approximately $78,000. Owners would be willing to finance a portion of the sales price to a qualified buyer.
Inventory of $4,000 included in purchase price.
Training to be provided by current owner and by franchisor.
The information contained in this marketing is subject to change, corrections, or withdrawal without notice. Information provided herein has been provided by the Seller and not by Broker.
The Seller has listed this business strictly as an asset transaction. This is not an offer to sell securities. This is not a solicitation to sell securities.
Listing Broker - Given CPA, PC. For more information, please contact Tom Given, Principal
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Property Features and Assets:
Building rent $8,100/Mo. Long-term lease available to qualified buyer.
Market Competition and Expansion:
Restaurant is in an area of rapid growth. Current owners believe that better local marketing and increased focus on catering will bring significant growth in revenues and profits.
Additional Details:
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