$100K Owner Net Franchise Restaurant!
Location: Tennessee > McNairy County > Selmer
Industry: Food and Beverage > Restaurants
Financials
Asking Price: $750,000
Gross Revenue: $568,000
Cash Flow: $100,000
Business Summary
This restaurant business is being sold due to the owner wishing to retire. With 3 consecutive years of rising sales; this rock solid franchise has been a steady performer for the current owners. This restaurant provides $100K plus net to owner. With P & Ls and tax returns already provided, this business is SBA eligible. Corporate franchise approval and training will be required to purchase this business. Land, business, building and all FF & E are being offered for $750K. This casual family diner themed franchise was voted #1 in number of units - #1 in unit growth - # 1 in sales for 2006 & 2007!! Existing franchise agreement can transfer for $6,250 and extends until Sept. 2015.Please contact us for detailed P&Ls
About the Business
Year Established: 2000
Employees: 6 full time - 8 part time
Franchise: Yes
Facilities: Free Standing Building
About the Sale
Management Training and Support: 2 weeks owner and 2 weeks corp.
Reason For Selling: Retirement

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Listing Tools
BizQuest ID:922404
Seller ID:SL130
Business Listed By
Name:Karen N. Pettigrew
Company:Skylion Enterprises, LLC
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