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Multi Location IHOP Restaurants for sale

New York Metro Area, NY (New York County)

Multi Location IHOP Restaurants for sale

Asking Price: $3,400,000

Gross Income: $3,829,000

Cash Flow: $800,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: N/A

Established: N/A

Employees: N/A

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Business Description

IHOP is one of the most well-known brands in the Restaurant business and they have consistently been ranked #1 in family dining. They offer a popular selection of breakfast, lunch and dinner. They are known for their leadership in quality and value. This is a unique opportunity to own multiple IHOP restaurants in excellent high traffic locations with an established staff in place to provide a new owner with a turnkey operation. IHOP has over 1,100 restaurants throughout the US and Canada and have been established for over 50 years. Comprehensive training program that is provided before a sale is completed. All the equipment is owned and in excellent condition and included as part of the sale. All prospective buyers of IHOP franchises are required to have a net worth of $1.5Million and $500,000 in liquid assets.
Listing Status for Premium Members

Ad#: 708558

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John Boswell

Business Listed By:
John Boswell

Synergy Business Brokers

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