Franchise Restaurant For Sale
Not Disclosed, FL Miami-dade County
Seller's Contact Information
- RE: Franchise Restaurant For Sale
- Contact: Andy Fischer
Quick Facts
| Asking Price: | $450,000 | |
| Annual Revenue: | $1,651,092 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $229,761 | |
| Total Debt: | Not Disclosed | |
| FF&E: | 100,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2013 | |
| Employees: | 20 | |
| BBN Listing #: | 20474955 | |
| Broker Reference #: | 1040-17173 |
Business Overview:
Well known iconic franchise with more than 30 locations in South Florida. Fast casual restaurant brand known for its legendary cheeseteak, wings, gyros and burgers. This restaurant has been established for 12 years. Stand alone building with 10 years remaining on the lease with favorable conditions. Fully staffed restaurant with owner dedicating only 10 hours a week, easy to run. Growth opportunity by serving breakfast and opening 24 hours. Breakdown of sales: 65% delivery, 20% drive through and 15% dine in. Royalty is 6% plus 3% advertising. Numbers are adjusted assuming owner operator.
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Property Features and Assets:
Stand alone building with 10 years remaining on the lease. Assets = $168,200
Market Competition and Expansion:
This chain is well known for their: cheesesteak, wings, gyros and burgers. There are other options to get these products however the brand name of this franchise attracts people to these restaurants. The business can grow by incorporating breakfast and opening longer hours. It could open 24x7 as other franchisees do.
Reason for Selling:
Family reasons.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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