Business Overview:
These 2 established and operating units are well-placed in Albuquerque to capture high-traffic and surrounded by retail and other business and personal traffic. The staff operate the units with owner providing oversight about 20 hours a week. Revenue is trending for $1.4MM annual sales and $158K EBITDA for an investing owner paying $60K to a general manager and allows for expansion within Albuquerque and across the state. Cash flow for owner taking the place of one manager and continuing current oversight, $251K. The highly-respected franchise has over 600 units nationally. There are low franchise transfer fees and reasonable frachise royalties. Unit managers are in place for operating 7-days a week. The price of $525,000 is less than the cost of opening 2 new units and includes the already fully equipped units.. Priced for a quick sale. Operating as routine, now opened up post COVID. Inquire about buying only one unit.
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Property Features and Assets:
2 leased locations fully outfitted.
Market Competition and Expansion:
Multiple expansions within this market and beyond.
Reason for Selling:
Retirement
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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