Business Overview:
Representing a 30-year-old franchise brand, this family-owned business has higher earnings than the competitors in its immediate area. Sales have seen steady growth with only a temporary setback during 2020 due to Covid. 2021 revenues are up and look to maintain the upward trend into 2022 and beyond.
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Property Features and Assets:
The restaurant is well-maintained always receiving top health scores. The franchise works closely with owners to create a welcoming atmosphere. Minimal equipment makes this concept more budget friendly than many of its counterparts.
Assets = $41,631.
Market Competition and Expansion:
Sioux Falls has over 700 restaurants. This particular brand is known for innovative, delicious food. Backed by a strong growth strategy, this franchise was ranked on the Franchise 500 with a #1 ranking in its class.
Local store marketing could fuel further growth. TV ads and direct mail marketing could increase the catering portion of the business. There is also the potential for expansion in the current location.
Reason for Selling:
Owners would like to focus on other, out-of-state
Additional Details:
- The property is owned.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.
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