Two Quick Service Restaurants

CO

Two Quick Service Restaurants
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Asking Price: $1,055,000

Cash Flow: $270,323

Gross Revenue: $1,309,062

EBITDA: N/A

FF&E: $60,000

Inventory: $30,000

Real Estate: $330,000

Established: 1990

Two Quick Service Restaurants

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Business Description

This 25+ year old company owns and operates two quick service restaurants in Southern Colorado. The businesses have a reputation for providing quality fast food at great prices. The stores are in established high traffic locations with managers in both stores as well, most of whom have been with the company for 4 plus years. A large percentage of the customers are repeat and many are those that commute daily past the business locations.

The current owners are the original owners and this is the first time the stores are being offered for sale. They originally started with the one location and approximately seven years ago opened the second restaurant. Both stores have drive-through windows and they both offer daily specials as well as breakfast items and traditional favorites.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Employees:
25
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Growth & Expansion:
These restaurants have always had an excellent reputation in the community for quality food at great prices. If an owner chose to operate the businesses as the current owners are doing without being involved on a daily basis, the cash flow would be $232,723 per year providing a 22% ROI. The real estate is very well maintained and offers room for expansion for sit-down dining at one of the restaurants if a new owner desired.
Support & Training:
Negotiable as required by Purchaser.
Reason for Selling:
Retirement
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(from currently available funds)
 
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David Finsterwald

Business Listed By:
Dave Finsterwald

National Business Brokers, Ltd.

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Memberships & Certifications:
Indicates membership in The Colorado Association of Business Intermediaries (CABI).

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