Franchise Restaurant in Oakton

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Business Description

This franchise restaurant is the premier franchise on the entire East coast. This particular location is nestled in a very upscale and growing community in Ashburn, and it is priced to sell! This business is 100% absentee owned. Monthly gross sales average about $62,000. The rent is only $11,889 for 3206 square feet, and the rent amount includes the common area maintenance charges! Hours of operation are Monday through Saturday 10:30 a.m. to 10 p.m. and 11 a.m. to 9 p.m. on Sundays. There are 15 employees and with an average monthly payroll of $18,000. Utilities are very reasonable at roughly $1,800 per month. There is seating for 75. The franchisor will allow the new owner to add beer and wine to increase sales.

There is a $20,000 franchise transfer fee and an additional 7% fee for 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 diamond of a listing should not last long so make an offer today.

No brokers please.

About the Business

Location:
Oakton, Virginia
Franchise:
Yes
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Listing Info

ID:
1649126
Ad Detail Views:
0
Asking Price:
$85,000

Gross Revenue:
$744,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Listed by

David Peter

Liberty Business Brokerage

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