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Fast Food Franchise - Prime Location

Location  California,United States
Asking Price Range  $250K - $500K
Gross Revenues  $550000
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  2007
Number of Employees  10 - 19
Inventory  200000
Relocatable  No
Number of Employees  10 - 19
Real Estate  Leased
Training  2 weeks at 20 hours / week.
Reason for Sale  Other business ventures.
Description  This recently built fast food restaurant for sale is ideally located in a new mega center complete with movie theaters, retail shops and other prominent national chains, all of which provide a constant flow of foot traffic. The restaurant is entirely absentee operated, and would significantly benefit from an active owner who could manage the business' overall operations, improving customer service and employee efficiency. With an initial capital investment exceeding $700,000, this is an amazing and rare opportunity to join one of the most successful franchise groups at a substantial discount. Asking Price $350,000. Annual Cash Flow: Break Even. The facility occupies 2,600 square feet and leases for $9,100 per month including CAM expenses, on a lease that is valid until 2016 with 2 five year options. The sale includes all of the business assets, including the furniture, fixtures, equipment, computers and POS systems, walk in coolers and franchise rights. The stand alone building has plenty of parking as well as an outdoor patio that can accommodate up to 25 persons. Competition is considered medium as other fast food eating establishments exist in the area, however this business's location and advantages inherent with the franchise group provide it a competitive edge. New owners will likely seek to actively participate in the business. Mere presence of owners will improve efficiencies, cleanliness, quality and the customer service offering. Additional local marketing via direct mail or community advertisements should have an immediate impact on the bottom line.
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