15 Established Restaurants, prime community location

IN

15 Established Restaurants, prime community location

Asking Price:N/A

Cash Flow:$812,000

Gross Revenue:$11,500,000

EBITDA:$1,088,000

FF&E:$1,416,000

Inventory:$108,000*

Established:1964

*not included in asking price.

15 Established Restaurants, prime community location

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Business Description

15 Restaurants, Profitable, Established 1964, Prime Community Locations

Family Restaurants Operator (3 locations) & Franchisee of Leading Fast Food Restaurants (12 locations) Midwest US.

Strong Historical Sales and Gross Profit Growth: Revenue and gross profit increased at a 7.7% and 7.3% CAGR, respectively, during the historical period.

Detailed Information

Inventory:
Not included in asking price
Employees:
FT 27, PT 300
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The Company operates 3 sit-down, family-style restaurants and 12 chain fast food facilities within a 70-mile radius of a key metropolitan area in the Midwest US. The franchised restaurant facilities range from walk-up or drive-thru stands to fast food sit-down locations with capacity to seat up to 50 to 60 diners. The family-style restaurants seat between 115 and 150 diners, depending on the location; they serve American food for breakfast, lunch, and dinner seven days a week.
Competition:
The Company has been able to differentiate itself from the hundreds of fast food chain locations, family restaurant chains, and single location restaurants in the region by establishing a superior reputation of providing quality products and excellent customer service. Management has effectively utilized the national brand awareness its fast food franchise carries and continues to benefit from significant community involvement in the areas of operation.
Growth & Expansion:
Well-Known Franchise Name and Superior Reputation: The fast food franchise is extremely well-known name in the markets it serves for offering great-tasting food at value prices, and currently has thousands of locations worldwide. Furthermore, the Company’s family restaurant brand is also well-respected and known as a result of providing quality food and excellent customer service for over 50 years.
Support & Training:
30 days
Reason for Selling:
Retirement
Franchise:
This business is an established franchise

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William Goss

Business Listed By:
William Goss

American Business Investors, Inc.

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