Highly profitable restaurant w/food truck and AU concessions contract!

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AU Game Days are peak days so don't miss this opportunity!!
Asking Price:
$399,000

Gross Revenue:
$670,826
Cash Flow:
$169,237
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$6,000
not included in asking price

FF&E:
$120,000
included in asking price

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Business Description

PRICE REDUCED!! Established 14 years ago and located on one of the busiest roads near Auburn University this thriving and highly profitable restaurant franchise has benefited from an ongoing contract with Auburn University for the past 4 years (including the rights to concessions stalls inside the local football stadium). Only on the market due to retirement, a new owner could definitely continue to build on the good branding and excellent reputation of the business by adding another food truck and winning more commercial contracts.
With seating for approximately 52 customers and ample public parking this is a fantastic opportunity to purchase a stable and well-established turn key franchise in an outstanding location.

BUSINESS HIGHLIGHTS
Prime location and 14 years of goodwill! High traffic location near student housing and tailgating areas. Stable history of profitability. Excellent reputation and branding - known for its quality product!

About the Business

Location:
Auburn, Alabama
Year Established:
2005
Number of Employees:
9
Real Estate:
Leased
Building Sq. Ft.:
1,400
Rent:
$2,200.00 Per Month
Lease Expiration:
11/1/2020
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Seller will ensure handover and training period. Master Franchisor will also train.

Listing Info

ID:
1601862
Ad Detail Views:
0

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$
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Business Listed by

Rebecca Walker-Jones

OLD Inc Business Brokers
License# 977717

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