19 Year Fast Foood Gem! Owner Retiring-Priced Low

Not Disclosed, SC
Cherokee County

Cherokee County


Asking Price: Annual Revenue:
$137,690 $292,660

Food & Beverage: Restaurants, Fast Food, Deli


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RE: 19 Year Fast Foood Gem! Owner Retiring-Priced Low Broker: Eli Tatem
Owner Financing is Available!
57690.00

Quick Facts

Asking Price: $137,690
Annual Revenue: $292,660
Net Profit: Not Disclosed
Cash Flow: $62,281
Total Debt: Not Disclosed
FF&E: $30,000
Real Estate: Not Disclosed
Year Established: 2003
Employees: 2
BBN Listing #: 376551471
Broker Reference #: 32661-954898

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Business Overview:

Excellent Fast Food Franchise Location with almost 2 Decades of Success! Owner is looking to retire as soon as possible and therefore the Restaurant is Priced well below market value.
Located near a highly trafficked shopping area where weekends yield a very high volume of hungry customers with limited food options in the area.
The food is excellent and the business is easy to run. Perfect Opportunity for an Owner-Operator even with Limited Restaurant Experience.
Seller Financing is available for a large percentage of the price and the owner is willing to help train for a few weeks at no charge.
The owner was in another industry and looking for another business to buy, but was a huge fan of this restaurant. When he found out one was for sale, he jumped at the opportunity because he liked the food so much. Even though he did not have restaurant experience before-hand, the franchise training he received prepared him for success and the business took off. The owners have been in the same location for almost 20 years...and they still love the food!
There are some other restaurants in the same sector as this one in the local market, but this restaurant's specific niche has few competitors nearby.
The current owners do not do delivery because of their age and their capacity to do so. Delivery would increase potential for added revenue.
Large Food Court unit with Front and Back of house work space, located in large dining hall which can accommodate many patrons, located in very close proximity to dozens of retail stores. Weekends are very busy!

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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.

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