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Tastee Freez Franchise in Virginia

VA

Seller Financing Available
Tastee Freez Franchise in Virginia
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Asking Price: $250,000

Cash Flow: $130,000

Gross Revenue: $550,000

EBITDA: N/A

FF&E: $25,000

Inventory: $10,000*

Real Estate: $450,000*

Established: N/A

*not included in asking price.

Tastee Freez Franchise in Virginia

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Business Description

Growing Franchise! Revenues Increasing Each Year!

Light & Raphael is pleased to offer for sale a successful quick serve restaurant (QSR) franchise for sale. Sales have increased each year since the current owners took over in 2015. Landlord is committed to selling the real estate as part of a transaction.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
1,725
Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Location is owned separately. For sale for $450,000. Must be sold as part of any transaction. County assessment for the entire property which is one acre is over $1 million.
Competition:
Globally, fast food generates revenue of over $570 billion - that is bigger than the economic value of most countries. In the United States revenue was a whopping $200 billion in 2015 - quite a lot of growth since the 1970 revenue of $6 billion. The industry is expected to have an annual growth of 2.5% for the next several years.
Support & Training:
Seller will provide support and training following the sale.
Reason for Selling:
Owner wishes to retire.
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Gavin Raphael

Business Listed By:
Gavin Raphael

Light & Raphael

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