PRICE REDUCTION - Better Burger Franchise Restaurant

Charlotte, NC (Mecklenburg County)

PRICE REDUCTION - Better Burger Franchise Restaurant
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Asking Price: Get Financing: $115,000

Cash Flow: $40,268

Gross Revenue: $665,192

EBITDA: N/A

FF&E: $100,000

Inventory: $5,000

Lease Rate: N/A /SF

Established: 2015

PRICE REDUCTION - Better Burger Franchise Restaurant

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Business Description

Great concept

This better burger franchise restaurant, located in the Charlotte Market, has a focus on being both a fun, innovative dining experience and serving high-quality, delicious burgers. They belong to a franchise group that has reached over 100 locations in 20 U.S. states and nine countries in North America and the Middle East. They specialize in hamburgers made with only 100% certified Angus Beef served on non-gmo, artisan buns baked in house, hand-cut french fries and milkshakes made with only real ice cream. The restaurant offers a comfortable environment that is family and child-friendly. Upon entering you’ll find plenty of booth seating and four-top tables in a colorful environment, with music playing in the background and a perfect atmosphere for kids, teens, families and adults.

An owner/operator can reduce costs by working in the business that would significantly increase the cash flow on Day 1.

January thru July numbers are on upward trend for revenue and profits over last year.

The owner is now ready to move on and focus on other personal and professional interests. This is an excellent business for someone looking to own and operate a burger franchise with lots of growth opportunity.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,600
Lease Expiration:
N/A
Employees:
15-18
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The restaurant has a 5 year lease on the facility in a large, national retailer anchored shopping center. The space is approximately 2,600 square feet.
Competition:
Local competitors include Five Guys, Smash Burger, and American Burger Company.
Growth & Expansion:
Great opportunity for full time operator with lots of growth potential
Support & Training:
Owner is open to a smooth transition period that is negotiable.
Reason for Selling:
Full Time Job Committments
Franchise:
This business is an established franchise
Contact Seller

Contact the Seller

(from currently available funds)
 
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Adam Petricoff

Business Listed By:
Adam Petricoff

VR Business Brokers Charlotte

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business.

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