Business Overview:
This highly profitable franchise steak house has been in business for the past 13 years. They saw a small dip in sales during COVID, but are now back doing over 2 million in gross sales per year with an SDE of 540K in 2021. This is a very hands-off franchise that is waving the transfer, franchise and training fees! This is a family style franchise that allows its franchisees true autonomy. The list price includes RE which is valued at 2.5 million. The seller is looking forward to retirement. If you have ever wanted to be a part of the food service/hospitality industry why not start with a business that has an SDE average of 390,000.
For more information call/text Tim McKenna 314-712-2909 /email tmckenna@saintlouisgroup.com or call/text Chris Eckrich 314-996-9581/ email chrise@saintlouisgroup.com or call the Saint Louis Group office at 314-842-3802 and ask about ID#3149TMCE.
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Property Features and Assets:
Building Included 6,515 square feet.
Reason for Selling:
Retiring
Additional Details:
- The property is owned.
- 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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