NOT DISCLOSED, Maryland
| Asking Price |
$1,600,000 |
Year Established |
2022 |
|
| Annual Revenue |
$1,681,000 |
Reason for Selling |
Death of Partner |
|
| Annual P/L |
$200,000 |
Attention |
Jim McGinnis |
|
| Annual Cash Flow |
$0 |
Listing Number |
988400 |
|
| # of Employees |
14 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
Fantastic location on a main road to the Maryland/Delaware Beaches
For sale is a brand new with state of the art equipment Dairy Queen, Grill & Chill restaurant located in Maryland. This property is a standout in the Dairy Queen franchise, offering a modern open-air dining area, separate “Grill” & “Chill” sections, comfortable booths, large tables, warm lighting, and music. The restaurant seats 66 guests inside and 32 on an attractive outdoor patio, significantly more than the average DQ Grill & Chill. The building is immaculate, with clean facilities, amazing natural light from glass windows throughout, and a drive-thru service lane. Large Pylon sign on main thoroughfare.
KEY FEATURES
• Total square footage: 3,133
• Seating: 66 inside, 32 outside
• Dedicated parking: 42 spaces
• Drive-thru service
• 5 menu display boards
• 2 restrooms
• Par P.O.S. with 2 stations
• Side exit door leading to back parking lot.
Rent and CAM is $13,000 per month. General Manager is paid $85,000 per year along with hospitalization. After first few months of operating they brought their food cost down to 22 % and that has been consistent for several months. After 4 months they were able to lower crew labor costs down to 23% and that has been consistent for months. The Dairy Queen franchise amounts to 9% of revenue and consists of fee and sales assistance. Utilities are approximately $2000 per month and trash collection is approximately $1500 per month.
First year of business the sales are $1,681,000
Property Features and Assets:
<p>Freestanding Building with Drive Thu. This is the most modern look for the Grill & Chill concept.</p>
Market Competition and Expansion:
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is a franchise resale opportunity