Established fast-casual gourmet burger franchise

Cumming, GA (Forsyth County)

Established fast-casual gourmet burger franchise
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Asking Price: $399,000

Cash Flow: N/A

Gross Revenue: $647,000

EBITDA: $44,000

FF&E: $410,000

Inventory: $4,000

Rent: $3,833.33 /Month

Established: 2015

Established fast-casual gourmet burger franchise

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Business Description

The restaurant is a fast casual gourmet burger concept focused on serving American nostalgic fare, made to order sourcing fresh and as often as possible, local ingredients. The franchise was founded in 2007 and is known for its “Million Ways to Make a Burger Bar." There are 14 other franchised locations in the Southeast.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
3/31/2025
Employees:
20
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The kitchen equipment and furniture and fixtures are approximately 3 years old.
Growth & Expansion:
Since the business was opened in mid-2015, EBITDA has been: * $25,000 (6 months in 2015); * $76,000 in 2016 * $44,000 in 2017
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Business Listed By:
Geoffrey Dingle

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