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Food Related Franchise Resale (505)

Northeast Ohio, Ohio (Cuyahoga County)

Retail - General Merchandise Stores | Retail - Other Eating & Drinking Places

Asking Price $199,000 Inventory $6000* 
Gross Income $380,894 Real Estate  
Cash Flow $99,526 Year Established 2003
FF&E $120,000* Employees N/A

* included in the asking price

** not included in the asking price

PRICE REDUCTION. Owner Operator needed. This is an opportunity for an energetic owner / operator to own the #1 rated brand in its industry. It is located in a premier shopping area on the east side of Cleveland. Like new facility with outdoor patio. The current absentee owner cannot dedicate the time to fully realize the potential of the business. This franchise is a well know brand with 1400 locations worldwide and a reputation for quality and uniqueness. An active owner / operator could increase sales and decrease costs significantly. Because of its location to the home of the owner and other business interests, this location is offered at a price less than 50% of the cost of a new start-up with none of the hassles. The financials reflect annualized calculations of sales and cash flow running the business as an owner operator. The financials have also been adjusted to reflect the standard percentages from the franchisor in regards to food and labor expenses as a percentage of sales. All financial projec

Reason Selling: Corp. restructuring

AD # 384566

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