Checkers Drive-Thru in Georgia

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Asking Price:
$219,000

Gross Revenue:
$915,949
Cash Flow:
$98,994
EBITDA:
$98,994
Inventory:
$7,000
not included in asking price

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

Real Estate:
 Not Disclosed

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Business Description

This established Checkers restaurant is freestanding with drive-thru. Currently absentee run, room for improvement with Owner-operator. Located in a city center, about an hour outside of Atlanta with great street visibility with easy ingress and egress to restaurant.

Checkers & Rally's is an industry leader with over 30 years of experience and more than 870 restaurants. Our guests love our 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.

Sales have been interrupted due to street closures related to construction across the street as new hotel is being built. Store is absentee run, huge potential for improvement with owner-operator.

About the Business

Year Established:
1992
Number of Employees:
17
Franchise:
Yes
Real Estate:
Owned
Building Sq. Ft.:
600
Facilities:
All furniture, fixtures and equipment to be in good working condition at time of changeover. No remodels required currently.
Market Outlook/
Competition:
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.
Growth & Expansion:
There is room for expansion in the brand via new development as well as the acquisition of existing units.
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About the Sale

Reason For Selling:
Other business interests
Training/Support:
Franchisor offers 5 weeks training
Seller Financing:
Absentee-run

Listing Info

ID:
1475446
Ad Detail Views:
957

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Business Listed by

Carter Asefi

FranBizNetwork
License# 01962309

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U.S. Census Data for Troup County, GA
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Source: Decennial Census (2010), United States Census Bureau.

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Source: American Community Survey (2010-2014), United States Census Bureau.

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