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Two Franchised Family Restaurants & Real Estate

Central Pennsylvania, Pennsylvania

Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price $2,500,000 Inventory $20,000** 
Gross Income $3,248,000 Real Estate $1,500,000* 
Cash Flow $367,000 Year Established 1980
FF&E $231,000* Employees 100+

* included in the asking price

** not included in the asking price

Retiring owner provides great opportunity to purchase two established, well run and profitable franchised restaurant businesses. Separated by thiry miles, the restaurants serve separate markets of local and transient customers. One supports a real property that conveys with an 8% cap rate. The other is a long term lease with very favorable rent.

Facilities: Two franchised family restaurants. One is a 7,000sf stand alone that conveys with a business supported 8% cap. The other is an 8,000sf leashold in a hotel; the lease is long term with rent fixed at 5.5% of sales.

Competition: At a average meal ticket of $10 these businesses serve an average of more than 27,000 customers a month. The in-town location has a loyal customer base, the other is located at a major interstate intersection and serves the traveling puplic including a large contracted bus trade.

Growth/Expansion: Primarily an established an stable business quite suitable to the present ownership, but that could benefit from a new owner with fresh ideas.

Financing: SBA financing available

Support/Training: Negotiable

Reason Selling: Retirement

AD # 344861

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