Franchise Restaurant Dine-In & Drive-Through

Not Disclosed, NC
Washington County


Asking Price: Annual Revenue:
$400,000 $1,538,104

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Franchise Restaurant Dine-In & Drive-Through Broker: Sean Rollins
Owner Financing is Available!
Owner Financing Terms $540,000.00 Owner Financing Interest 0% Owner Financing Terms Months 180 Owner Financing Monthly Payment $3,000.00

Quick Facts

Asking Price: $400,000
Annual Revenue: $1,538,104
Net Profit: Not Disclosed
Cash Flow: $169,140
Total Debt: Not Disclosed
FF&E: $160,000
Real Estate: Not Disclosed
Year Established: 1978
Employees: 22
BBN Listing #: 880558201
Broker Reference #: 13485-288574

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Business Overview:

ALMOST 70% SELLER FINANCING BEING OFFERED AT 0% INTEREST RATE! You will not find another deal like this.

Business and real estate to be sold together, each being valued at $400,000, for a total purchase price of $800,000.

This is a long standing prominent American style restaurant, situated on a busy hwy. The restaurant offers dine-in, drive-through, and catering options. There are currently 22 employees, with 3 managers (one is a co-owner). The equipment coming with the sale is all within 5 years old. Building is 5,800 sqft, seats 232 guests, and is in great condition.
This restaurant has been in business since 1978, and purchased by the current owners in 1999. They originally rented their facility until the landlord decided to raise the rent. Once they were notified about the rent increase, the owners decided it would be best to build their own location. The new location opened in March of 2006, and is a 5,800 sqft restaurant, which seats 232 people, and located on a highly trafficked highway.
Currently guests order at the counter, and the food is brought to their table. The owners believe a full-service model could increase revenue. Additionally, they do not sell alcohol, which would significantly increase business.

The demand is such that a satellite store, or a food truck would do well in the surrounding communities.

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.

Reason for Selling:

retiring

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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