If Location, Location, Location is everything, this Fast-Casual Restaurant and Bar has it ALL. Incredible highly visible location with tremendous traffic count. They are near ALL the action, tons of residential homes, office buildings, medical offices, commercial buildings as well as major highways.
This AAA location is a sleeping giant and currently operates 100% Absentee. They have a long-term lease with tremendous potential. The QSR has seating for 120 with inviting bar and even has a small private party room. The owner is selling this franchise for a fraction of the cost as they cannot properly manage the operation. A more involved hands on owner should be able to propel the sales and earnings. If interested in this opportunity please inquire about listing # 13740.
Asking Price: $399,000 Gross Revenue: $1,540,000Cash Flow: $135,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $800,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Fast Casual Restaurant & Bar in High Traffic Location
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