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REDUCED - 2 Franchise Cash Cow Restaurants in Prime Locations

Myrtle Beach, SC (Horry County)

Seller Financing Available
REDUCED - 2 Franchise Cash Cow Restaurants in Prime Locations
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Asking Price: $900,000

Cash Flow: $400,000

Gross Revenue: $3,000,000

EBITDA: N/A

FF&E: $300,000

Inventory: $6,000*

Rent: $17,000 /Month

Established: N/A

*not included in asking price.

REDUCED - 2 Franchise Cash Cow Restaurants in Prime Locations

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Business Description

2 Retro Franchise Hamburger restaurants located in two of the busiest tourist malls in South Carolina. Both are being updated with new national tenants and promotions to give them a new vibe. As a tourist destination spot the centers generate a lot of foot traffic. Myrtle beach attars over 17 million visitors a year and most go to one or both of these centers. Owners are absentee and are paying managers more than necessary so they do not have to be there. Some of the partners are ready to retire and that is the only reason these cash cows are being made available. Exellent records for the last 10 years to prove sales and costs. If you are looking for a fun easy to manage franchise that is showing great cash flow, you can’t get any better than this.

Detailed Information

Location:
Myrtle Beach, SC
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
4,000
Lease Expiration:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Growth & Expansion:
Remodel of the centers will bring in a lot more traffic
Financing:
will consider with large dp
Support & Training:
2 weeks
Reason for Selling:
Health/ Retirement
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Jim Bunting

Business Listed By:
Jim Bunting

www.traddcommercial.com

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