Asking Price: $97,500

Gross Revenue: $111,700

Gross Revenue Comments: Growing

Cash Flow Comments: Growing

SUMMARY: Absolutely, the best value on the market in the Augusta area. This is your chance to acquire three well established restaurants, be your own boss, with very little risk. Current owner needs to down size and is looking for someone to take over! The $ 97,500 price includes three new Franchise Agreement of fifteen years ($ 25,000 per store - $ 75,000) and refundable deposits of $ 22,500 ( $ 7,500 per store). This means that the new owner will not have to pay anything for the business value. All three stores have management in place and are run with minimal supervision from the current owner. Current positive cash flow could be greatly enhanced if the buyer wished to owner operate 1,2, or all 3 of the units. Current owner replaced management six months ago and stores are trending way up from the 2007 profits. The sales are on pace through the summer to produce an EBITDA of approximately $ 100,000. Franchise will provide all training needed by the buyer. The franchise has outperformed the market in 2006, 2007 and is on the way for its third straight year of number one in growth in sales, units, and number of units according to Nations Restaurant News.

Year Established: 1992

Employees: 15 full time - 30 part time

Franchise: Yes

Facilities: Three freestanding units

Market Outlook and Competition: Outperforming all competition

Management Training and Support: 2 weeks Corporate / 4 weeks owner

Reason For Selling: Corporate Down Sizing