New Listing! Established, Profitable Franchise Restaurant

, Texas 7 views 0 favorites

Financial Highlights
Asking Price
$350,000
Revenue
$1,158,517
Business Description

Texas Restaurant Advisors would like to offer a profitable, well established national hamburger franchise restaurant in North Texas for purchase. Gross sales in 2021 (less the PPP grant) were $1,158,517.00 while net income was $46,233.00. Adjusted net income (adding back one owner’s salary), earnings are estimated to be $86,073.00. To get the space ready for business in 2017 and 2018, the sellers spent over a $1,000,000 in furniture, fixtures and equipment and leasehold improvements. The sellers have kept impeccable books and records and will be available for review once a buyer has completed our NDA and completed a brief buyer profile. Location: Collin County, Texas Year Established: 2018 Number of Employees: 19 Franchise: Yes Real Estate: Leased Building Sq. Ft.: 2,000 Rent: $7,429.00 Per Month Facilities: Approximately 2,000 square foot, inline retail space with a covered patio in an affluent area of North Texas. Equipment is in great, working condition and a buyer will be able to have it inspected before closing. Market Outlook/ Competition: Competition is inevitable in the restaurant industry. However, the business enjoys a hamburger exclusion in the shopping center Growth & Expansion: A new owner can expand unique impressions on social media, potentially negotiate better terms with 3rd part delivery companies and more. A marketing fee is paid to the franchisor to coordinate marketing at a corporate level, a new owner could engage at the local level.

Business Details
Industry:
Restaurants & Food
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 14, 2022

Updated: 6 days ago

Views: 7

Favorites: 0