Seller's Contact Information
- RE: Food Franchise Restaurant In Wildwood, FL!
- Contact: Kavita Purohit
Quick Facts
Asking Price: | $229,000 | |
Annual Revenue: | $428,000 | |
Net Profit: | $130,390 | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2014 | |
Employees: | Not Disclosed | |
BBN Listing #: | 944472 | |
Broker Reference #: | Not Disclosed |
Business Overview:
Sales will be $428,000 this year! Seller has 3 other locations and is 100% absentee.
Seller has had this location since 2021 and had an operating partner running two of his locations full-time but ran the businesses down. The Partner left in October 2023 and now the Seller has brought the business back up as an Absentee Owner! Owner-operator can double sales because of the high traffic in the area! Business is located next to a large grocery chain that brings in high traffic to the area.
Yearly Net Profit will be more than $130,000 this year AFTER paying a Payroll of $60,000 per year, as well as rent and all other expenses!
Rent is only $2,500 plus CAM per month! Security deposit is $7,700. Lease transfer fee is $1,500.
Franchise Royalties are only 6%! One of the lowest franchise royalties in the food franchise industry! Franchise transfer fee is $10,000!
Only 1 hour from Orlando, FL!
Asking Price for the Business-only: $229,000!
If interested, please call or text us anytime at (770) 664-9999 or 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.
Market Competition and Expansion:
Extremely high average traffic count of 18,700 vehicles passing by the Restaurant each day!
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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