HS Listing ID-67312
Business Overview:
Opportunity to acquire a well-known burgers franchise operating under absentee ownership. The current owner resides out of state and only visits once a week. A supervisor and experienced kitchen staff manager are in place, making this a turnkey operation for an investor seeking a low-touch business.
Financial Highlights:
Annual Payroll: $359,000 (approx. $28,000/month)
Rent: $900/month (favorable lease terms)
Net Profit: $25,000 annually
Asking Price: $300,000
Lease Terms:
5 years remaining on lease
Two (5-year) renewal options available
Long-term stability with affordable occupancy costs
Business Details:
Franchise: Small but growing burger franchise brand
Structure: Fully absentee ownership with supervisors in place
Staff: Strong kitchen team led by manager, ensuring smooth daily operations
Ownership: Does not depend on owner’s presence for success
Key Investment Considerations:
Turnkey, absentee-run operation
Established franchise with brand recognition
Favorable lease at just $900/month
Long-term growth potential with renewal options
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
Ad#:2405181