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Franchise Restaurant in Oakton

Oakton, VA (Fairfax County)

Franchise Restaurant in Oakton
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Asking Price: $85,000

Cash Flow: N/A

Gross Revenue: $744,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

Franchise Restaurant in Oakton

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Business Description

This franchise restaurant is the premier franchise on the entire East coast. This particular location is nestled in a very upscale and growing community in Ashburn, and it is priced to sell! This business is 100% absentee owned. Monthly gross sales average about $62,000. The rent is only $11,889 for 3206 square feet, and the rent amount includes the common area maintenance charges! Hours of operation are Monday through Saturday 10:30 a.m. to 10 p.m. and 11 a.m. to 9 p.m. on Sundays. There are 15 employees and with an average monthly payroll of $18,000. Utilities are very reasonable at roughly $1,800 per month. There is seating for 75. The franchisor will allow the new owner to add beer and wine to increase sales.

There is a $20,000 franchise transfer fee and an additional 7% fee for royalties and advertising. The franchisor will require that the new owner renovates this particular unit. The estimated cost of this renovation will be about $125,000. This diamond of a listing should not last long so make an offer today.

No brokers please.

Detailed Information

Location:
Oakton, VA
Franchise:
This business is an established franchise
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(from currently available funds)
 
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David Peter

Business Listed By:
David Peter

Liberty Business Brokerage

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