Multi-Unit Franchises for Sale in Ohio Are Cash Cows for New Owner

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Asking Price:
$1,850,000

Gross Revenue:
$2,457,004
Cash Flow:
$367,139
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Buy these four franchises for sale and be an instant multi-unit operator! This multi-unit opportunity in Ohio features combined sales of over $2.4 Million and drives earnings for the current owner of $367,000 per year!

These four franchises for sale are part of an award-winning brand with a fast casual focus. Well established, the oldest store has been in the market for eleven years and is newly remodeled. Absentee owner is seeking someone to take over so he can focus full time on his job. He ran these last year with management in each store and a district manager.

These are very high volume locations with sales ranging from over three quarters of a million ($768,761) to just at $400,000! Excellent books and records will qualify for SBA lending with the restaurant brokers resources.

These franchises for sale have a dedicated lunchtime population that come in each day to enjoy the ever-changing menu. Patrons with special dietary needs love gettting the specialized menu choices that include vegetarian, dairy-free and gluten-free options! Home baked bread on premise means the cash register rings each time someone smells that wonderful homey aroma!

Long term leases are in effect for each store. Sizes are manageable at 2400, 2468, 2200 and 1840 square feet each. Rent combined for all stores including CAMS, Taxes and Insurance are under 8% of sales, leading to strong margins on a product base that is high margin on its own. Current owner is absentee so he has not capitalized on the opportunity for catering. Only 5% catering overall so huge opportunity for you to take over these four franchises for sale and drive more earnings.

Why go through the process of building out four separate locations when you can purchase these open and operating franchises for sale today? The new owner will receive two weeks of corporate training to make the transition of ownership seamless! These franchises for sale offered by the Restaurant Brokers will easily qualify for SBA lending with 30% down, and our lending resources will have you qualified and ready to purchase these four stores in no time! Each of these locations are within 45 minutes of each other, making it easy for you to get to each store when needed!

About the Business

Year Established:
2005
Number of Employees:
54PT 3FT
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
8,908
Lease Amount/Mo.:
$16,909.00
Facilities:
Store 1:
2010 Ford Transit Wagon (Branded Wrap)
Outside Sign (2)
Rethermalizer, Gas
Walk-in Freezer
52" Commercial DDMD Package (3)
Serving Hot Food Steam Table (2)
Microwave/Convection Oven
Soup Surround
POS with Printer (3)
Upholstered Booths (8 booths)
Custom Expo
Refrigerator, Reach in
Refrigerated Counter, Sandwich Top
Chairs
Ice Maker
Beverage Counter
Sink, Three Compartment
Convection Oven, Countertop
Retherm Tracker Computer
Sandwich/Salad Screen
POS Station
Lot table tops
Order Management with printer
Top Cap
Lot of Queuing Partition
Cabinet Left Hand
Condensate Hood
Freezer Shelving
Single Trash
Modified Cart
Lunch Counter
Decks for Booths
Counter universal
Shelving, Wire
Faux Hood
POS Station
Sink, One Compartment
Chair Rail Molding
Label Printer (2)
Barstool
Work Table, Stainless
Safe
Wall Panel
Patio Chairs (4)
Patio Tables (2)
Back Office Desk
Water Filter Assembly
Drop-In Sink
Faucet
Sink, Hand
Counter Universal
Baby Wall Seat (2)
Work Table, Stainless
Counter Universal
Vacuum
Open Sign
Locker
Towel Dispensers
Air Curtain
Water Booster Pump
Store 2:
2010 Ford Transit Wagon (Branded Wrap)
Outside Sign (2)
Rethermalizer, Gas
Walk-in Freezer
52" Commercial DDMD Package (3)
Serving Hot Food Steam Table (2)
Microwave/Convection Oven
Soup Surround
POS with Printer (3)
Upholstered Booths (8 booths)
Custom Expo
Refrigerator, Reach in
Refrigerated Counter, Sandwich Top
Chairs
Ice Maker
Beverage Counter
Sink, Three Compartment
Convection Oven, Countertop
Retherm Tracker Computer
Sandwich/Salad Screen
POS Station
Lot table tops
Order Management with printer
Top Cap
Lot of Queuing Partition
Cabinet Left Hand
Condensate Hood
Freezer Shelving
Single Trash
Modified Cart
Lunch Counter
Decks for Booths
Counter universal
Shelving, Wire
Faux Hood
POS Station
Sink, One Compartment
Chair Rail Molding
Label Printer (2)
Barstool
Work Table, Stainless
Safe
Wall Panel
Website:
www.wesellrestaurants.com
Contact the Seller

About the Sale

Reason For Selling:
New Career
Training/Support:
2 weeks

Listing Info

ID:
1467263
Ad Detail Views:
561

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Business Listed by

Robin Gagnon

We Sell Restaurants
License# GA SL327379

 Show Phone Number

View My 74 Active Listings
Sponsoring Broker:

Eric Gagnon
We Sell Restaurants
License# GA H49152

U.S. Census Data for Cuyahoga County, OH
Age

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Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Cuyahoga County, OH
Income

Education

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

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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