Three-Location Fast Food Restaurant Franchisee

Mid West

Three-Location Fast Food Restaurant Franchisee

Asking Price:N/A

Cash Flow:N/A

Gross Revenue:$3,300,000

EBITDA:$166,000

FF&E:N/A

Inventory:N/A

Established:N/A

Three-Location Fast Food Restaurant Franchisee

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Business Description

The Company operates three chain fast food locations in the Midwest US. Revenue is generated from the sale of breakfast, lunch, and dinner food and beverages for dine-in or take-out, including drive-through ordering. Each location serves a market with a minimum of 10,000 potential guests within a 10-mile radius. The Company currently employs 32 full-time and 47 part-time personnel.

Marketing is divided by national, regional, and local efforts. TV and radio ads are distributed nationally and regionally, while the Company’s local advertising is primarily based on community involvement and newspaper coupon/ads every two months.

The Company strives to continue to give the best service and provide the highest-quality product in the industry, while also attracting the more price-conscious customer without compromising the franchise’s perception of best-in-class food quality.

Detailed Information

Competition:
- Superior Name and Reputation: The Company’s three stores have been operating at the same location since 1987, 1988, and 2000, respectively. They are well-established and have a very high rate of repeat business. - Easy-To-Replicate, Standardized Growth Formula: Expansion to additional cities could follow a well-documented formula and plan. - Cash Business: Nearly all of the Company’s sales are paid for in cash, with some coming from credit card (yielding a fast turnaround/settlement). A/R days remain in the 0-1 range. - Management Will Remain through Transition: The current owner is supported by a district manager who currently handles most day-to-day multi-store management activities and management of one store, as well as two other store managers.
Financing:
Negotiable
Support & Training:
Aas needed
Reason for Selling:
Pursue other interests

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Doug Smith

Business Listed By:
Doug Smith

Generational Equity, LLC

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Sponsoring Broker:
Lisa Lippe

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