Asking Price: $219,000 Gross Revenue: $915,946Cash Flow: $98,994 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $7,000 not included in asking priceFF&E: $150,000 included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
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
Number of Employees:
Building Sq. Ft.:
All furniture, fixtures and equipment to be in good working condition at time of changeover. No remodels required currently.
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.
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. See our
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