Seller's Contact Information
- RE: Lady Lake Franchise Restaurant For Sale
- Contact: Robin Gagnon
Quick Facts
| Asking Price: | $275,000 | |
| Annual Revenue: | $927,894 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $132,414 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2005 | |
| Employees: | 11 | |
| BBN Listing #: | 32978096 | |
| Broker Reference #: | 8568 |
Business Overview:
Enjoy strong earnings with this fully updated Florida Franchise Restaurant for Sale. Secure this opportunity to live in the sunshine state with no income tax, great quality of life and earnings of $132,000 on the books for an owner operator. Seller is looking to retire and VERY flexible on the price. Established location generates sales over $900,000. SBA Lending is yours with just 20% down. Bring your offers today on the Franchise Restaurant for Sale in the famed central Florida location. A population of over 140,000 people are loyal customers who return frequently to one of their favorite fast casual stores. This location has a preferred 55 and older population with lots of disposable income to dine at their favorite restaurants. Close to a major hospital and medical complex and caters to an area with high net worth customers. Large medical and business community, with a stable employment base. Sales for this franchise restaurant for sale offered by We Sell Restaurants were strong in 2021 topping $890,000. That's why our SBA lenders are ready to go with commitments on lending. They need only 20% down to fund your dream business in dream community for living and working. The loan term is ten years so your cost to acquire is amortized over a lengthy period leaving you plenty of money to retire debt and enjoy a nice lifestyle in sunny Florida. Additionally, the seller may be willing to finance with the right offer! It does not matter if you have food or fast casual experience. You benefit from one of the nation's most intensive training programs to be sure you can take over this well run operation and continue it's success as a thriving franchise restaurant for sale location. You will receive up to 8 weeks of training including General Manager training to teach you reporting, scheduling and management level skills. Easy to staff and operate, this franchise restaurant for sale unit is 1,800 square feet with a rental rate of $4,500 per month including all CAMS, Taxes and Insurance. That means the all in occupancy rate of this store is 6.76%, unheard of for this premier location in central Florida. The lease is valid until 2022 PLUS there are two six-year options to renew securing the location for the concept until 2034. There is plenty of space for buyers, with 46 seats inside and tons of public seating outside. Royalty is 6% of sales and marketing is 4% of sales. All quoted earnings are inclusive of any fees charged by this national brand to keep customers coming through the door and provide important support for supply chain, technology, online delivery and more. That is one reason this brand thrived during the pandemic and continues to excel today. That, plus six figure earnings, makes the franchise restaurant for sale, stand out from all the rest. The transfer fee of $10,000 provides for up to eight weeks of training offered by the brand along with the acquisition of the remaining term of the franchise agreement and all options to renew additional terms for this franchise restaurant for sale. Don't miss the opportunity to be part of a successful brand! Bring your offers to the Restaurant Brokers today for this Franchise Restaurant for Sale. This is a money-making listing up for grabs to any restaurateurs ready to turn a profit! By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.
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Property Features and Assets:
1 refrigerated sandwich counter 72 inch with 12 inch cutting board 1 single section glass door right hinged refrigerator 1 three section refrigerator 1 one section freezer 19 cubic feet 1 two section reach in refrigerator 1 conveyor toaster right to left 10 roundup push button steamers 2 countertop food warmer 1 microwave oven 1000 watts 2 48 inch L x 30 inch W worktable with stainless steel shelf 4 60 inch L x 30 inch W worktable with stainless steel shelf 1 can opener quick change 2 digital portion scale 32 oz x 1 oz 1 digital receiving scale 150lb x 2 lb 1 tomato slicer manual 3 16ths inch cut 1 ice machine 208 to 230 1 ph 15 amp 1 cookie oven FURNITURE AND SEATING 2 firehouse umbrellas 52 chairs 26 24 inch x 30 inch dalmatian tables 2 trash cabinets 4 36 inch rd outdoor metal mesh finish 12 cabana arm chair with charcoal metal finish 4 high chairs with safety straps 2 50 inch televisions SMALLWARES 15 one half sz x 4 inch D Clear food pan 15 one half sz clear cover for food pan without handle 50 One sixth sz x 6 inch D Clear food pan 50 one sixth sz clear cover for food pan 8 one sixth sz x 6 inch D amber food pan 2 one sixth sz clear lid with handle notched 4 one sixth sz amber lid with handle notched Misc all other smallwares OFFICE EQUIPMENT 4 security cameras with DVR and Monitor 1 RTG PC with printer 2 terminals and cash drawers POS system 1 floor safe with combo 1 Firehouse decor and memorabilia 2 credit card VeriFone units NON OWNED OR LEASED 1 coke machine 2 tea brewers 1 refrigerated bottle display case
Market Competition and Expansion:
The area of The Villages has a population of about 150,000. The unit is close to a major hospital and medical complex and caters to numerous clientele in the area. Store is in an area of high net worth customers. It also is in a large medical and business community, with a stable employment base.
Reason for Selling:
Retirement
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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