FAST FOOD FRANCHISE. 6 LOCATIONS
| Asking Price: | $2,800,000 | Inventory: | $20,000 ** |
| Gross Revenue: | $3,404,732 (comments below) | Real Estate: | n/a |
| Cash Flow: | $560,088 (comments below) | FF&E: | $900,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: 2008 | |||
| Cash Flow Comments: discretionary earnings 2008 | |||
Great franchise fast food restaurant business for sale in Tucson and Sierra Vista with no competition. All six stores have undergone major upgrades over the past four years. Five stores are located in Tucson and the sixth is located in Sierra Vista, AZ. Revenues are growing, and the addition of some new products has attracted additional customers who do not care for fried foods. There is plenty of room to add additional stores. The existing leases are long term and transferable. Owner is willing to stay on as a consultant for an extended period of time. The managers would like to stay with the business. This is a great opportunity!
About the Business
Year Established:1829
Employees:15 full time - 110 part time
Franchise:Yes
Facilities:There are six locations (five in Tucson and one in Sierra Vista). All have undergone major upgrades during the past four years. High visibility and major streets with high traffic. Good long-term assignable and assumable leases. Good equipment.
Market Outlook and Competition:Competition: None for this type of fast food Market: There is room for more of these restaurants and this could be a major growth opportunity for a buyer
About the Sale
Management Training and Support:30-60 days plus franchise training. Seller willing to consider longer term consulting
Reason For Selling:Retirement
Seller Financing:$800,000 @6% interest for 30 yrs.
KEYWORDS: Fast food, restaurant, long john silvers, seafood, franchise, franchise fast food, franchise restaurant
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