This is the premier restaurant franchise on the entire East coast. The food and reputation are top-notch! This business is 100% absentee owned. Gross monthly sales average at around $56,250. The rent is extremely reasonable at only $7,618 per month for 2500 square feet, and that amount includes the common area maintenance fee. Hours of operations are Sunday through Thursday 11 a.m. to 9 p.m., Friday and Saturday 11 a.m. to 10 pm. There are 15 employees and the average monthly payroll is $14,563. The average utility expense is $2,278 per month. There is seating for 46 people. The franchisor will allow the new owner to add beer and wine to increase sales.
There is a $20,000 franchise transfer fee. Additionally, there is a 7% fee on gross sales to pay the royalties and advertising. The franchisor will require that the new owner renovates this particular unit. The estimated cost of this renovation will be about $125,000.
This particular location is a true money maker, and it will not last long. Bring offers today.
No brokers please.
About the Business
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- Ashburn, Virginia
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