$100,000 REDUCED Restaurant 3 Locations, 1 Master Franchise sale

Glynn County, GA

$100,000 REDUCED Restaurant 3 Locations, 1 Master Franchise sale
Contact Seller

Asking Price: $900,000

Cash Flow: $256,403

Gross Revenue: $2,055,398

EBITDA: N/A

FF&E: N/A

Inventory: $78,564*

Established: 2015

*not included in asking price.

$100,000 REDUCED Restaurant 3 Locations, 1 Master Franchise sale

Save Print Share Valuation Report

Business Description

Master Franchise for the State of Georgia for sale for a burger restaurant. What does that mean? That means that if someone opens a location in Georgia, you receive a $12,500 franchise fee and continue to receive royalties for the life of the location! Royalties and franchise fees earned ARE NOT reflected in Gross and Net numbers reflected below.

In addition to the Master License, the price includes ownership of four independent restaurant locations. One in Charleston, SC; Brunswick, GA; one in Kingsland, GA; and one in Waycross, GA. Together they gross over $2 million, take home over $256,403, with over $1.3 million in assets. All locations are self-sufficient and capable of being run by absentee ownership. The Master License and individual restaurants are turn key investments.

Seller is selling because of time constraints put on him by his other business. He is willing to sign a non-compete agreement and provide the new owner with training at no additional cost. This is a national franchise, which will provide national training in addition to the owner training. This business is SBA pre-approved.

Detailed Information

Location:
Glynn County, GA
Inventory:
Not included in asking price
Employees:
97
Facilities:
Founded in 1991, this Franchise has had explosive growth with over 1,000 locations in operation or under development. The Franchisor team’s 25 + year journey is well documented. The current owner purchased the rights to the Master Franchise of GA for and paid the franchise fee for 25 franchises. What that means is that they serve as the exclusive franchisor for the state of Georgia. Therefore, if anyone wants to open a diner, they pay their franchise fee directly to him plus royalties for as long as their are in business. The owner also opened four locations which he operates as the Franchisee. One is located in Charleston, SC; Brunswick, GA; one in Waycross, GA; and one in Kingsland, GA. In total, He spent hundreds of thousands of dollars for buildout. Today, all are operational and serving the Georgia coast with each day better than the last.
Competition:
Master Franchise for the State of Georgia for sale for a burger restaurant. What does that mean? That means that if someone opens a location in Georgia, you receive a $12,500 franchise fee and continue to receive royalties for the life of the location! There is tremendous growth in this area with prime locations (Atlanta, Savannah, Columbus, ext) not served! Royalties and franchise fees earned ARE NOT reflected in Gross and Net numbers reflected below. In addition to the Master License, the price includes ownership of four independent restaurant locations. One in Charleston, SC: Brunswick, GA; one in Kingsland, GA; and one in Waycross, GA. Together they gross over $2 million with over $600,000 in assets. All four locations are self-sufficient. The Master License and four restaurants are turn key investments. Seller is selling because of time constraints put on him by his other business. He is willing to sign a non-compete agreement and provide the new owner with training at no additional cost. This is a national franchise, which will provide national training. This business is SBA pre-approved.
Growth & Expansion:
When you own a Master Franchise, you are part of one of the world’s largest restaurant chain and one of its most recognized brands. As such, you’ll have the ability to market to entrepreneurial individuals and expansion focused companies who want to have a franchise location of their own. For each new franchisee, you’ll receive the franchise fee of $12,500 per location plus ongoing royalties of 2.5% for as long as they are in business. With rights to the entire state of GA, and no current restaurants in its largest cities, including Atlanta, Savannah, Columbus, and so forth, the master franchise offers limitless growth potential. Anyone who owns a restaurant will tell you that the first few years are the most difficult. One-time buildout costs, government inspections, no customers, in fact, no one even knows you exist. In this case, the difficult part is already done. Those debts paid. Now you have an opportunity to walk into four restaurant locations and take them to the next level! Corporate has established and will administer a Marketing/Advertising fund on behalf of the brand to provide national or regional creative materials for the benefit of your locations and Master Franchise. Currently, each location contributes 1% of gross sales to the Marketing/Advertising fund; 0.5% of gross sales will stay in your region. We want to make sure that we’re marketing close to home. When developing your local marketing plan, you’ll get complete marketing assistance from the team, whether you’re opening a new restaurant, putting up a billboard on a busy road, training your local brand ambassadors, sponsoring a kid’s night or planning any of the dozens of local market promotional ideas waiting for you. You’ll also benefit from our years of experience creating partnerships with area schools, religious institutions, athletic programs and local businesses.
Support & Training:
2 weeks
Reason for Selling:
other ventures
Contact Seller

Contact the Seller

Contact Seller Loading

Jacob Jones

Business Listed By:
Jacob Jones

Transworld Business Advisors of Savannah

Show Phone Number

View My Listings

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1655268 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Teriyaki Madness

Franchise Opportunity
Cash Required: $200,000