Semi-Absentee Burger Franchise | $800K Revenue | Booming Location
Business Description
Semi-Absentee Burger Franchise in Booming Location
One Year Old | $800K Revenue | Turnkey Buildout
Asking Price: $370,000
Gross Revenue: Approx. $800,000
Owner Cash Flow: Approx. $108,000
Rent: $5,335/month all-in
Size: Approx. 2,000 sq ft
Seating: 30
Ownership: Semi-absentee
Established: 1 year ago
Rare chance to acquire a burger franchise that did roughly $800,000 in revenue in its first year. The restaurant sits in a high-traffic area near four schools and has earned hundreds of five-star reviews. Sales are still climbing as the location matures.
$108K cash flow is AFTER paying the current general manager's pay of $17/hour at roughly 76 hours per week. This GM is not staying after the sale. An owner-operator can step into that role and keep the salary, significantly increasing personal earnings.
Day to day, the restaurant runs on two managers. The GM and a kitchen manager. The experienced kitchen manager is staying, along with the other full-time employee. A buyer only needs to replace the departing GM, either with two 40-hour hires or one who wants heavy hours. If need be, the franchisor will place qualified managers, so a buyer is not on their own.
That makes this location a fit for an owner-operator or a truly hands-off investor.
The space has a modern buildout and a high-capacity kitchen with a new walk-in compressor and six Henny Penny fryers. It can handle significantly more volume with no major near-term investment.
The franchisor has indicated a qualified buyer may pursue a full liquor license and add breakfast hours.
The franchise is very supportive and delivers proven systems, training, branding, recipes and ongoing support. Seller and franchisor will provide training and transition support. Sale is subject to franchisor approval.
Qualified buyers receive financials and location details after signing a confidentiality agreement and providing satisfactory proof of funds.
One Year Old | $800K Revenue | Turnkey Buildout
Asking Price: $370,000
Gross Revenue: Approx. $800,000
Owner Cash Flow: Approx. $108,000
Rent: $5,335/month all-in
Size: Approx. 2,000 sq ft
Seating: 30
Ownership: Semi-absentee
Established: 1 year ago
Rare chance to acquire a burger franchise that did roughly $800,000 in revenue in its first year. The restaurant sits in a high-traffic area near four schools and has earned hundreds of five-star reviews. Sales are still climbing as the location matures.
$108K cash flow is AFTER paying the current general manager's pay of $17/hour at roughly 76 hours per week. This GM is not staying after the sale. An owner-operator can step into that role and keep the salary, significantly increasing personal earnings.
Day to day, the restaurant runs on two managers. The GM and a kitchen manager. The experienced kitchen manager is staying, along with the other full-time employee. A buyer only needs to replace the departing GM, either with two 40-hour hires or one who wants heavy hours. If need be, the franchisor will place qualified managers, so a buyer is not on their own.
That makes this location a fit for an owner-operator or a truly hands-off investor.
The space has a modern buildout and a high-capacity kitchen with a new walk-in compressor and six Henny Penny fryers. It can handle significantly more volume with no major near-term investment.
The franchisor has indicated a qualified buyer may pursue a full liquor license and add breakfast hours.
The franchise is very supportive and delivers proven systems, training, branding, recipes and ongoing support. Seller and franchisor will provide training and transition support. Sale is subject to franchisor approval.
Qualified buyers receive financials and location details after signing a confidentiality agreement and providing satisfactory proof of funds.
About the Business
- Years in Operation
- 1
- Employees
- 3 Full-time
- Franchise
- This business is an established franchise
- Opportunities for Growth
- Full liquor lisence
Opportunity to expand hours and offer breakfast.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,000
- Rent
- $5,335 per month
- Lease Expiration
- 7/31/2035
About the Sale
- Seller Motivation
- Owner lives in Canada
- Transition Support
- Seller and franchise to provide full transitional training and support.
Listing Info
- ID
- 2528950
- Listing Views
Listing ID: 2528950 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 full Terms of Use. Learn how to avoid scams.
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