Return to broker profile

Multiple Unit Restaurant Franchise for sale

NC

Restaurant Franchises
Contact Seller

Asking Price: N/A

Cash Flow: N/A

Gross Revenue: $1,884,704

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 2016

Multiple Unit Restaurant Franchise for sale

Save Print Share Valuation Report

Business Description

Huge Value Already in Place!

This exciting opportunity consists of three newly established fast casual franchise restaurants in the Triangle and the area development rights for North Carolina. The units could be purchased individually or all together. The area development rights are optional as well to purchase. The three locations are newly built out with new equipment and fixtures in major shopping centers strategically placed around the Triangle for maximum concentration. Offering a fresh trendy food menu and alcoholic and nonalcoholic beverages in a hip and funky, artistic setting. It is one of the hottest food franchises out there today. The franchise units have doubled in count (30 to 60) in the last 5 years and are on track to break 100 units in the US within the next 2 years, mostly due to growth in the South and South East.

The owners have secured the franchise licenses, area development agreements, negotiated favorable leases, and have invested many hours of time and resources, large amounts of capital investment, construction build out, purchasing new equipment and fixtures, legal, professional, marketing, staffing and successfully dealt with the specific local government entities. The heavy lifting has been accomplished and the restaurant units are now rounding the corner of a very promising future and outcome.

Despite the current potential for rapid growth of the business, the owners have come to the agreement that they wish to sell the franchise licenses, the territory area development rights, restaurant assets and assign the leases. They wish to pursue another new and unrelated business venture. The owner is willing to negotiate a short transition period with the new owner and existing staffing to insure a seamless transition. During the transition period the owner will assist in implementation of an established marketing plan focusing on key opportunities in the business for sales growth.

We believe this is a rare opportunity for a buyer to circumvent the typical initial investment of time, energy and learning curve of starting from scratch to owning a turn-key operation with a proven franchise model and franchise support. The owners know they will obtain less than they have invested but are very motivated to consider all serious offers presented for the business.

Detailed Information

Inventory:
Included in asking price
Employees:
14 FTE, 17 PTE
Facilities:
1,875 & 2,500 sq. ft. leased space
Growth & Expansion:
The owners have established the current business platform through hard work and capital investment that is set to springboard forward with growth and profitability. This makes this a truly rare opportunity for a buyer to enter the Triangle and North Carolina market and rapidly grow the business without paying a price premium.
Support & Training:
Seller & Franchise will provide training
Reason for Selling:
Other Business Interests
Franchise:
This business is an established franchise
Contact Seller

Contact the Seller

Contact Seller Loading

Brian Fabricatore

Business Listed By:
Brian Fabricatore

Sunbelt Business Brokers--Raleigh

Show Phone Number

View My Listings


Sponsoring Broker:
Mark Richie

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1627472 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


Abbott's Frozen Custard

Franchise Opportunity In NC
Cash Required: 100000