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Broker Name:Lisiten Associates
Broker Email:ron@bbpinc.com
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MAJOR BRAND MASTER AREA FRANCHISEE WITH 36 STORES AND HUGE EXPANSION OPPORTUNITIES
(HOSPITALITY, RESTAURANT - FAST CASUAL)
ALL, VIRGINIA
Listed Price: $ 4,300,000
Listing ID: CNY1111106

Listing DetailsGross Revenue: $ 1,775,993
Cash Flow: $ 853,171
FFE: $ 7,313
Form of Ownership: S Corp
Terms and Conditions: NEGOTIABLE
Reason for Sale:

RETIREMENT


Training & Support:

COMPLETE TRAINING AND SUPPORT INCLUDED IN SALE.


Listing SummaryBusiness Description:

This major Master Franchisor operates 36 profitable units spread across DC, Baltimore, and Virginia. Each unit is on average 2,100 square feet, all on leases, and with extendable options available. Expansion to at least 20 more locations is now underway. 

The company has mastered a successful system for finding, training, and coaching the new franchisee. Also, they have created a great process to assist in full, from the construction site selection to which architect and attorney to use, to everything in-between. 

Moreover, there is one owner-owned restaurant run independently from the rest but also included in the sale. The restaurant is strategically located in the state of VA and has the capacity to be run autonomously or with oversight. 

The company operates under a well-recognized national brand of fast dining restaurants. With some of the highest customer satiation and food quality second to none, they’re looking to find someone who is willing to take from here and expand the company to new heights. 

 


Historical Summary:

When  the owner purchased the territory he worked with the franchisor to map out a sustainable plan for growth.  Store locations were developed to maximize individual store performance. There are at a minimum an additional 20 locations within the territory to ultimately be developed.  


Owner Qualifications:

MULTI UNIT RESTAURANT EXPERIENCE


Competition:

VERY LIMITED


Potential Growth:

UNLIMITED


Financing/Terms:

NEGOTIABLE 


LocationLease Expire: 0000-00-00
Option: YES
Lease Security: 10000
Monthly Rent: $ 8,900
Square Footage: 2100
Type of Location: Commercial
Facilities:

THE FIGURES ABOVE ARE FOR THE OWNED STORE.

THE TOTAL SALES ON THIS TEASER IS BASED ON ROYALTIES FROM SUB-FRANCHISEES. 


OperationYear Established: 2006
Days & Hours of Operation: 10AM - 10PM
Employees: 12
Managers: 3
Absentee Owner: Yes