Successful, Salisbury, franchise rest. available. Profits!

Salisbury, MD (Wicomico County)

Successful, Salisbury, franchise rest. available. Profits!
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Asking Price: $275,000

Cash Flow: $75,412

Gross Revenue: $624,043

EBITDA: N/A

FF&E: $150,000

Inventory: $8,500

Established: 1989

Successful, Salisbury, franchise rest. available. Profits!

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Business Description

Franchised quick-food restaurant available in the Salisbury, Md. area. Owner has been at the helm for 10+ years and is ready to retire. Everything is in place; all equipment, staff, delivery vehicle, menu, etc. Property available and is at good location. Possible absentee owner with the right oversight. Locals love it! Gross sales approaching 400K.

Detailed Information

Location:
Salisbury, MD
Inventory:
Included in asking price
Employees:
14
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Stand alone building w/ ample parking. Room to grow. Steady profits since opening in '89, the current owner has owned for 20+ years. Sorry to be selling, but knows its time. Absentee owner possible with proper supervision in place.
Competition:
There are like-restaurants in the area. This location thrives in spite of the competition.
Growth & Expansion:
Minimal marketing has been done. Growth unlimited for marketing-minded owner.
Support & Training:
2 weeks
Reason for Selling:
retiring
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(from currently available funds)
 
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Tracy Peterson

Business Listed By:
Tracy Peterson

Transworld Business Advisors of Delmarva

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Sponsoring Broker:
Mike LeCates MBA

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