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Independent Fast Food Restaurant

UT

Restaurant for sale Colliers M&A
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Asking Price: $675,000

Cash Flow: $182,764

Gross Revenue: $976,755

EBITDA: N/A

FF&E: $220,000

Inventory: $9,000

Real Estate: N/A

Established: 1993

Independent Fast Food Restaurant

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Business Description

This family owned and operated business has been serving the local community for 26 years. It is located on a busy commercial thoroughfare with strong traffic and a surrounding population with a high affinity for fast food.

There is plenty of parking, indoor and outdoor seating for 120, and a drive-thru window. The business is open seven days a week and serves a variety of food for breakfast, lunch, & dinner. The owner has recently made some improvements to the building and upgrades to equipment. The restaurant has a strong local following and is involved in a variety of community events.

The current owners are primarily absentee, only supervising on average 5 hours per week. They are also the property owners and will become the landlord with a 5-year lease and two 5-year options.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Building SF:
2,600
Employees:
22
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
approx. 2,600 sf with patio & drive-thru
Support & Training:
negotiable up to 30 days
Reason for Selling:
retirement
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(from currently available funds)
 
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Colliers International Mergers & Acquisitions

Business Listed By:
Elizabeth Bellit

Colliers International Mergers & Acquisitions

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