9-Location National Franchise QSR - Absentee Ownership

Montana
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Sale Pending
Asking Price:$1,899,000
Gross Revenue:$4,702,000
FF&E:$1,350,000
Established Year:2001
Cash Flow:$456,000
Inventory:$72,000
Real Estate:$550,000
BUSINESS DESCRIPTION

Consistent and profitable 9-location QSR for sale in Montana. Stores are located in a centrally geographic area. The stores have been under the same management for over 20 years. The sellers are located out of state and responsibilities are limited to the stores' operations. There is a current district manager who manages the day-to-day operations. One of the sellers provides analytics and can be replaced by a controller/bookkeeper.

The combined P&L is spotless, with very little fluctuations year-over-year. Three of the stores are located in international big box retail wholesaler locations. The sellers also own the building in one of the locations. The building is not part of the listing price but can be added.

The National Franchise has gone through an ownership change, and higher expectations in market share is their driving mission. The owners live out of state and feel it is time to sell what has been a wonderful investment/company they have enjoyed owning for over 20 years. This is a solid investment which is set up for absentee ownership and a fresh look at managing it differently.


DETAILED INFORMATION
Location
Montana
Inventory
Not Included in asking price
Real Estate
Owned
Employees
70
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Monthly Rent: $32,000.00 Facilities: Stores vary in location. Three inside National Wholesale locations, one is owned by sellers, and remaining are in strip centers.
Growth & Expansion
The franchisor ownership was recently sold. The new owner of the Subway Franchise has other QSR in their portfolio, and it is feasible the new owner would house two of their brands under one roof similar to how other national franchises have introduced. Also, excitement about new menu items are increasing sales at the individual locations.
Support & Training
# of Weeks Seller Will Offer Training: 2
Reason for Selling
Owner Retirement
Franchise
This business is an established franchise
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TBA Montana