Reduced Fantastic Opportunity – Restaurant
Location: United States -> Alabama -> Birmingham
Industry: Food and Beverage > Other Food and Beverage
Business Summary
This is a wonderful opportunity to acquire a nice pair of positive cash flowing restaurants for sale. With 10% rent factors and food costs under 28% these two well established franchises are tracking to net out a combined $60,000 profit with management in place. Further profits can be achieved for an owner/operator. Sales are up from the combined figure in 2007 of $827,000 by over $28,000 for the first six months of 2008. Popular franchise offers stability, low royalty and is one of the few chains doing well this year.For Non-Disclosure/C.A. email or call 423-566-5575.
Financials
Asking Price Range: < $250K
Gross Revenues: $827,000
Cash Flow: $60,000
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: Not Disclosed
About The Business
Year Established: 2000
Number of Employees: 20 – 34
Relocatable: No
Franchise: Yes
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: 2 weeks corporate / 2 weeks owner.
Reason For Selling: Downsizing.
