$240,000 NET Absentee 2 Franchise BBQ Restaurants

Tempe, AZ
Maricopa County

Asking Price: Annual Revenue:
$550,000 $1,500,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: $240,000 NET Absentee 2 Franchise BBQ Restaurants Broker: Mike Darmo

Quick Facts

Asking Price: $550,000
Annual Revenue: $1,500,000
Net Profit: Not Disclosed
Cash Flow: $240,000
Total Debt: Not Disclosed
FF&E: $130,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 16
BBN Listing #: 674359836
Broker Reference #: Not Disclosed

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Business Overview:

Here is an opportunity that does not come very often, I am proud to present an absentee ownership opportunity with amazing books and records and solid franchise. The locations are in Tempe and Scottsdale. These restaurant have been producing year after year and are franchises with very generous franchise terms. The locations are fully staffed and turn-key and ready to go for a smooth transition with the new ownership. The leases in place on this location are solid and with a very good landlord. The food concept is great especially for the area they are in and the brand is solid as well with a good reputation. There is tons of room for growth and even more profitability with a dedicated owner who will take more time watching food costs and increase marketing. The rent is only $4500 for 3 years with a 5 year option in such a prime area for the Tempe location and $3200 per month for the Scottsdale location and that is hard to find. You will not find that kind of deal anywhere, especially with two locations that are franchise, absentee-run, and have great leases and profitability. Hurry up this deal will go quick.

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Property Features and Assets:

Located in a busy part of Tempe in a Newer Building in Downtown and Scottsdale

Market Competition and Expansion:

Tons of room for growth with a dedicated owner to take it to the next level.

Reason for Selling:

Cutting down Portfolio

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.

Relevant Links:

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