Checkers/ Auntie Anne's- VA

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Turn-key, profitable business!
Asking Price:
$199,000

Gross Revenue:
$418,325
Cash Flow:
$106,767
EBITDA:
$106,767
Inventory:
$10,000
not included in asking price

FF&E:
$150,000
included in asking price

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Business Description

Checkers & Rally's is an industry leader with over 30 years of experience and more than 870 restaurants. Guests keep coming back for the bold flavored and seared burgers, indulgent milkshakes, and Famous Seasoned Fries. Founded in 1986, Checker's merged with Rally's in 1999 to become the largest double drive-thru chain in the US. Franchisor requires a minimum of $750k net worth with at least $250k liquid assets.

Product, purpose, and people are what set Auntie Anne’s Pretzels apart from other franchise concepts. They equip aspiring business owners with the same know-how that turned a small farmer’s market stand into the world’s largest soft pretzel chain. Their strength and success as a franchise system have been proven since 1988.

This is a combo location, owner is absentee and exiting the restaurant business. Room for growth with owner-operator!

About the Business

Location:
Haymarket, Virginia
Year Established:
2012
Number of Employees:
10
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
1,500
Rent:
$2,500.00 Per Month
Lease Expiration:
11/19/2022
Facilities:
All FF&E in good and working condition.
Market Outlook/
Competition:
Checkers- Although the hamburger QSR segment is very competitive, Checker's stands out with its innovative, value-oriented menu, including bold flavored and seared burgers, indulgent milkshakes, and Famous Seasoned Fries.

Auntie Anne's- Not much competition in this area in the pretzel industry.
Growth & Expansion:
Room for growth in brand via new development or acquisition of existing units.
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About the Sale

Reason For Selling:
Other business interests.
Training/Support:
Franchisor provides training for Checkers and for Auntie Anne's.
Seller Financing:
absentee owner

Listing Info

ID:
1609516
Ad Detail Views:
0

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Business Listed by

Carter Asefi

FranBizNetwork
License# 01962309

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Source: Decennial Census (2010), United States Census Bureau.

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