Tastee Freez Franchise in Virginia

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Growing Franchise! Revenues Increasing Each Year!
Asking Price:
$250,000

Gross Revenue:
$550,000
Cash Flow:
$130,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$10,000
not included in asking price

FF&E:
$25,000
included in asking price

Real Estate:
$450,000
not included in asking price

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Business Description

Light & Raphael is pleased to offer for sale a successful quick serve restaurant (QSR) franchise for sale. Sales have increased each year since the current owners took over in 2015. Landlord is committed to selling the real estate as part of a transaction.

About the Business

Location:
Virginia
Number of Employees:
8
Real Estate:
Owned
Building Sq. Ft.:
1,725
Facilities:
Location is owned separately. For sale for $450,000. Must be sold as part of any transaction. County assessment for the entire property which is one acre is over $1 million.
Market Outlook/
Competition:
Globally, fast food generates revenue of over $570 billion - that is bigger than the economic value of most countries. In the United States revenue was a whopping $200 billion in 2015 - quite a lot of growth since the 1970 revenue of $6 billion. The industry is expected to have an annual growth of 2.5% for the next several years.
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About the Sale

Reason For Selling:
Owner wishes to retire.
Training/Support:
Seller will provide support and training following the sale.

Listing Info

ID:
1641923
Ad Detail Views:
1017

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Business Listed by

Gavin Raphael

Light & Raphael

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