Well Established BurgerRestaurant in Pearl Mississippi

Asking Price$2,100,000

Cash Flow
$140,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,400,000

Inventory$10,000
Not included in asking price
FF&E$150,000
Included in asking price
Real Estate$1,800,000
Included in asking price
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Well Established BurgerRestaurant in Pearl Mississippi


Asking Price$2,100,000

Cash Flow
$140,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,400,000

Inventory$10,000
Not included in asking price
FF&E$150,000
Included in asking price
Real Estate$1,800,000
Included in asking price
Business Description
Extremely lucrative franchised restaurant located in one of the fastest growing areas of Jackson, Mississippi. This business has been a steadfast fixture in the community and is well established. The business has maintained a strong and consistent revenue stream, even during the challenges of the pandemic, when others faltered. It is renowned for its award-winning burgers and offers a golden opportunity for a new owner with a small franchise transfer fee. The existing owners have laid the groundwork for success with excellent reviews from Yelp, Trip Advisor, Local Chamber of Commerce and Google. Beyond its signature burgers, the restaurant offers the most delicious milkshakes and fries that are unsurpassed in the region. The food quality is superb which is why locals, tourists, and travelers have become repeat customers. Step inside and you will find a welcoming ambiance with high energy and a high level of friendly and efficient service. This restaurant offers indoor dining, take-out, catering, and delivery through Door dash and Grub Hub. With its own spacious parking area, the restaurant provides convenient access for its guests. The dining area is attractively designed and furnished and includes a fully equipped and spacious kitchen facility. The current owners are committed to facilitating a smooth seamless transition by offering training and support in addition to the corporate training team. Their decision to sell is rooted in a desire to focus on other business ventures. If entry into the Food Service Industry is your goal, this turnkey opportunity offers a well-established and accepted business that will start earning revenue on the first day of business.
About the Business
Years in Operation
8
Employees
12
Franchise
This business is an established franchise
Facilities & Assets
The facilities are well maintained and are in close proximity to Interstate 20. The furniture, fixtures and equipment are in excellent condition and are included in this turnkey opportunity. The facility includes a dining area, customer reception area, kitchen, drive-thru window counter, restrooms, and storage areas. The location offers immense potential for success. Site improvements include, concrete paved-driveways, a concrete-paved drive-thru, concrete curbs and gutters, asphalt-paved parking areas, concrete stoppers, signage, and exterior lighting.
Market Outlook / Competition
The current location is conveniently positioned in the heart of a very fast growing area, with easy access to major highways and thoroughfares, ensuring high visibility and accessibility for customers. Therefore there is considerable competition in the area but the area is a vibrant community with a diverse population and a strong economy that can support all of the various industries in the area including retail, healthcare and restaurants.
Opportunities for Growth
As the area continues to grow, so will the business. Some of the areas for immediate growth would be catering and delivery. Since most of the emphasis of the business is through diners experiencing the high energy of the inside dining area, and the steady business of the drive-thru, these areas would enhance the growth of the business at a rapid pace. The solicitation of birthday and other party events would also benefit the growth of the business. Expansion of the business would be in correlation to the franchisers expansion plans for the area.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
3,045
About the Sale
Seller Motivation
Owners Have Other Business Interests
Transition Support
Support and training will be provided by the current owners and also by the franchise corporate training staff. The training will consist of 30 days on-site with continued support throughout each year from the franchise.
Listing Info
ID
2215326
Listing Views
1324

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Business Listed by: Randy Shurbet isellrestaurantsandbars.com

Listing ID: 2215326 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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