Tastee Freez Franchise for Sale in Virginia

Not Disclosed, VA


Asking Price: Annual Revenue:
$250,000 $550,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Tastee Freez Franchise for Sale in Virginia Broker: Gavin P Raphael
Owner Financing is Available!

Quick Facts

Asking Price: $250,000
Annual Revenue: $550,000
Net Profit: $130,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: $450,000
Year Established: Not Disclosed
Employees: 8
BBN Listing #: 825448609
Broker Reference #: Not Disclosed

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Business Overview:

Light & Raphael is pleased to offer for sale a successful quick serve restaurant (QSR) franchise for sale. Sales have increased each year since the current owners took over in 2015. Landlord is committed to selling the real estate as part of a transaction.

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Property Features and Assets:

Location is owned and should be sold as part of a transaction. Owner is asking $450,000 separately for the real estate.

Market Competition and Expansion:

Globally, fast food generates revenue of over $570 billion - that is bigger than the economic value of most countries. In the United States revenue was a whopping $200 billion in 2015 - quite a lot of growth since the 1970 revenue of $6 billion. The industry is expected to have an annual growth of 2.5% for the next several years.

Reason for Selling:

Owner wishes to retire.

Additional Details:

  • The property is owned.
  • 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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