Seller's Contact Information
- RE: Major Brand Master Area Franchisee With 36 Stores
- Contact: Mel Lisiten
Quick Facts
Asking Price: | $4,500,000 | |
Annual Revenue: | $1,775,993 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | 7,313 | |
Real Estate: | Not Disclosed | |
Year Established: | 2006 | |
Employees: | 12 | |
BBN Listing #: | 84145287 | |
Broker Reference #: | CNY1111106 |
Business Overview:
Business Description:
This major Master Franchisor operates 36 profitable units spread across DC, Baltimore, and Virginia. Each unit is on average 2,100 square feet, all on leases, and with extendable options available. Expansion to at least 20 more locations is now underway.
The company has mastered a successful system for finding, training, and coaching the new franchisee. Also, they have created a great process to assist in full, from the construction site selection to which architect and attorney to use, to everything in-between.
Moreover, there is one owner-owned restaurant run independently from the rest but also included in the sale. The restaurant is strategically located in the state of VA and has the capacity to be run autonomously or with oversight.
The company operates under a well-recognized national brand of fast dining restaurants. With some of the highest customer satiation and food quality second to none, they’re looking to find someone who is willing to take from here and expand the company to new heights.
Historical Summary:
When the business was founded, the owner investigated the area and mapped out a strategic plan for store openings according to which territories would ultimately be developed and has followed the plan. There are 20 more stores in the plan than the 38 that have been opened
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Market Competition and Expansion:
Competition: VERY LIMITED Potential Growth: UNLIMITED
Reason for Selling:
RETIREMENT
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
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