FRANCHISE FOOD COURT MONEY MAKER
Location: South Carolina > Horry County > Myrtle Beach
Industry: Food and Beverage > Restaurants
Financials
Asking Price: $350,000
Gross Revenue: $750,000
Gross Revenue Comments: 2 stores
Cash Flow: $150,000
Cash Flow Comments: 2 stores
Inventory: $2,000 (Not Included in Asking Price)
FF&E: $120,000 (Included in Asking Price)
Seller Financing: will consider or SBA
Business Summary
After five very successful years the partners in this venture have decided to go in different directions. They have 3 of these franchise sandwich concepts and they will sell them as a package or individually. Each partner is drawing a $50,000 salary plus expenses. This store is doing about $500,000 a year in sales and is showing well over $100,000 per year cash flow for an owner operator. The other 2 stores are showing less cash flow and are priced accordingly. They just opened the store in Charleston, so it is not cash flowing yet. Here is a chance to get up to 3 fast food locations for far less than the cost of opening new ones. The seller will sell them individually or separately. They will make someone a great deal on all three. If you are looking for a well established food operation with good provable numbers, this is it. PRICED AT $350,000, $80,000, AND $50,000. Will sell as a package for $450,000.
About the Business
Year Established: 2005
Facilities: 3 - 800 s.f. spaces in food courts of major malls
About the Sale
Management Training and Support: 2 weeks in store + franchise training
Reason For Selling: Other business
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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