Business For Sale

Multi-State Restaurant Chain, Take-Out & Catering

Not Disclosed, GA

Asking Price: Annual Revenue:
$2,000,000 $20,296,689

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Multi-State Restaurant Chain, Take-Out & Catering Broker: Greg Younts

Quick Facts

Asking Price: $2,000,000
Annual Revenue: $20,296,689
Net Profit: Not Disclosed
Cash Flow: $1,228,395
Total Debt: Not Disclosed
FF&E: $1,074,955
Real Estate: Not Disclosed
Year Established: 1970
Employees: 250
BBN Listing #: 35474955
Broker Reference #: 1104-13470

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Business Overview:

The company is a restaurant chain and food take-out/catering business that serves clients in a multi-state area. Opportunities exist to grow both the restaurant and take-out/catering aspects of the business in the existing geographic market and beyond. The company has a long standing reputation for offering superior food quality and service at very affordable prices. Over 100 items are on the menu and the full menu is available to both restaurant and take-out/catering customers. The take-out/catering business serves individuals, families and groups of 100+. Over 20,000 customers are members of customer discount programs. The dining experience and menu appeals to every demographic. It is very important to note that a change was made in the operations of the business in 2016 that negatively impacted sales in 2016 and 2017. However, the change was planned and will result in an improved profit margin going forward.

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Property Features and Assets:

The business owns most of the real estate, but some locations are leased. It is the intention of the owner to sell the owned properties. However, they will consider offers to lease the owned properties. The appraised value of all owned properties is $8,835,000. Assets = $1,999,955

Market Competition and Expansion:

The #1 competitive advantage of the business is the broad and diverse menu of food items that are all high quality and very affordable. Other competitors with a similar price point do not offer consistent high food quality for all items on their menu.

Reason for Selling:

Owner is 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 not a franchise resale opportunity.

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