Description
This is an excellent opportunity to own a new innovative fast casual burger franchise. With its chef-inspired creations, unique concept design and exceptional dining experience, this franchise is positioned for enormous growth. This franchise offers their customers burgers, shakes, salads and non-beef options. The franchisor is very supportive of the franchisees by offering an online asset management tool, corporate and onsite training that are designed to implement standardized operating systems and assistance from a consulting for financial analysis, operations evaluations and much more. This business is currently run semi owner-absentee with a full time General Manager and an Assistant Manager. Additionally, they have one more full-time employee and 5 part-time employees. This business is in a prime location with great visibility and is surrounded by many residential neighborhoods and businesses. The Royalties are 5% plus 1.5% for Marketing. The sales have been very strong for this business throughout 2020 and 2021 despite the pandemic. The current owner does not do any local marketing so there is tremendous opportunity to grow the revenues further by targeting catering customers and doing a local marketing campaign. Give us a call today to learn more about this excellent opportunity.
Get More InfoBusiness Overview
Revenue | $1,010,480 |
Cash Flow | $229,984 |
Inventory | $7,000 +/- |
Year Established | 2016 |
Seller Financing | Yes |
Employees | 4FT 5PT |
Asking Price | $475,000 |
Key Statistics
- Hours of Operation: Monday - Sunday: 11 AM - 8 PM
- Employees: 4 Full Time 5 Part Time
- Year Established: 2016
- Year Acquired: 2016
- Liscence Required: Sales Tax & ServSafe
- Seats: 65 Inside + 25 Outside
- Parking: Ample
Financial Information
- Gross Sales: $1,010,480
- Source: Seller Provided Financials
- Cash Flow: $229,984
- Source: Seller Provided Financials
- Inventory Value: $7
Seller Financing
- Business Price: $475,000
- Down Payment: $250,000
- Monthly Payment: $4,246
- Interest Rate: 5%
- Amortization Period: 60
Location
- Monthly Rent: $7,181
- Lease Terms: See Lease for Details
Get More Info
Disclaimer
This information has been supplied to Broker, Capital Commercial Group, Inc. by seller or obtained from other sources. Broker has not and will not verify the accuracy of this information. Thus, Broker does not guarantee this information to be accurate. It is recommended that Purchaser independently verify the accuracy of this information with Purchaser`s councel.