Seller's Contact Information
- RE: Well-Known Franchise Burger Shop
- Contact: Stephen Lee
- License #: 567204
Quick Facts
| Asking Price: | $325,000 | |
| Annual Revenue: | Not Disclosed | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | 115,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2011 | |
| Employees: | 11 | |
| BBN Listing #: | 463619188 | |
| Broker Reference #: | 001226 |
Business Overview:
An established franchise hamburger shop in a prime location is available for acquisition. This business was originally established by the original owners in 2011 and was acquired by the current owners in 2022. This franchise burger shop is in a 2,500 SF Retail Endcap space, anchored and surrounded by many prominent national and regional retailers across from local schools with high visibility from the street and is easily accessible. This burger restaurant is averaging 60k – 65k in sales a month but could be doing much more, as at its peak, it used to do 80k. Although corporate marketing is in place to help the business, other proactive marketing methods within the local area will benefit the future growth of cash flow and the acquisition of new customers from untapped areas within the city and surrounding areas. A new owner that is more familiar with current marketing trends and utilization of online marketing proactively can increase revenue tremendously. Competition can be expected for many franchise businesses, but there is no competitor within the immediate market with a high-quality product with a strong brand name like this business. The key to growing this business will be maintaining quality with excellent customer service while actively marketing through online ads, social media, corporate or catering accounts, and local advertisements. This business has everything (Location, location, location, as its located in one of the busiest shopping centers of the area surrounded by many prominent national retail stores and local schools, and a great recognizable brand name) for a new owner with more energy to take over and take it to the next level.
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Property Features and Assets:
This business is in a 2,500 SF Retail Endcap space and anchored and surrounded by many prominent national and regional retailers with high visibility from the street and is easily accessible. The retail strip center is located across from a local school and is surrounded by many national and regional retail brands that bring in a tremendous amount of foot traffic. All equipment is in impeccable condition and working order. / Inventory: $3,000 (Included in listed price).
Market Competition and Expansion:
Competition: There are competitors within the area but this franchise burger restaurant has been established for over two decades in the area with brand recognition from the locals. / Growth and Expansion: This business will have a very natural organic growth due to the rapid expansion of the area and residents moving in, along with adding catering orders and hosting additional events.
Reason for Selling:
Not enough time
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
Documents:
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