Franchises for Sale with Earnings of over 1 MM

Canton, OH
Stark County


Asking Price: Annual Revenue:
$649,000 $1,163,841

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Franchises for Sale with Earnings of over 1 MM Broker: Eric Gagnon
License #: #85069

Quick Facts

Asking Price: $649,000
Annual Revenue: $1,163,841
Net Profit: Not Disclosed
Cash Flow: $255,489
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2017
Employees: 21
BBN Listing #: 51458096
Broker Reference #: 7184

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Business Overview:

Buying an Existing Franchises is a fast path to earnings when a Franchises for sale produces sales like this one! Net sales of $1,163,841 produced earnings of $255,489 for this store.

Currently at the corner of the highest traffic intersection in Stark County. Surrounded by hotels, and has a strong community following.

The restaurant brokers love the opportunity presented by existing locations like this one with six figure earnings and high sales. These Franchises for Sale with Earnings of over $1 million, what an amazing opportunity! This will qualify for SBA lending with our resources and approval will be in your hands in under a week! That means you only need to bring 20% to the table and the rest will be spread over a ten-year term.

The reasons for buying these Franchises for sale include not only the security of existing cash flow but also locations that’s already are producing results. The square footage of these stores is 2700 and 2562, as well as lease on these Franchises for sale is $6896 and $9200 per month which includes both the base rent and CAMS, taxes and insurance charged by the landlord. The leases are valid until September 2022 and May 2027, which includes the initial lease term as well as any options to renew.

Franchises for sale like these one means you get the support and training of the major brand. This includes 12 days detailed information systems, explanation of our inventory management files, vendor and contractor list. Owner will devote 2 weeks to help seamless transition. training directly from the brand itself along with ongoing support by their Franchise Business Consultants. Training is included in the $10000 transfer fee charged by the brand and also covers the remaining term of the existing franchise along with all options to renew.

The use of their trademark, processes and systems are part of the success of this Franchises for sale. Royalties are 5% and are charged on sales. The marketing to promote this brand across the country is 3.5% percent of sales. This Franchises for sale are a household name which is why this business delivers $255,489 and sales of $1,163,841.

Ready to operate this Franchises for sale? Contact We Sell Restaurants to draft a purchase agreement today!

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.

Property Features and Assets:

1 Equipment Package 1 TELEVISIONS 1 SMALLWARES I COMPUTER EQUIP 1 MENU BOARD 1 SECURITY SYSTEM 1 IT INSTALLATION 1 SIGN 1 CAMERA INSTALL 1 VOIP SYSTEM 1 AUDIO INSTALLATIO 1 VOIP SYSTEM BLINDS

Market Competition and Expansion:

Currently at the corner of the highest traffic intersection in Stark County. Surrounded by hotels, and has a strong community following.

Reason for Selling:

Other

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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