Absentee-Owned BBQ Food Franchise Restaurant in Wildwood, FL!
| Asking Price: | $189,000 |
| Gross Revenue: | $428,000 |
| EBITDA: | $10,500 |
| Cash Flow: | $130,390 |
| Rent: | $2,500 |
| Established Year: | 2014 |
Sales will be $428,000 this year! Seller has 3 other locations and is 100% absentee.
Seller has had this location since 2021 and had an operating partner running two of his locations full-time but ran the businesses down. The Partner left in October 2023 and now the Seller has brought the business back up as an Absentee Owner! Owner-operator can double sales because of the high traffic in the area! Business is located next to a large grocery chain that brings in high traffic to the area.
Yearly Net Profit will be more than $130,000 this year AFTER paying a Payroll of $60,000 per year, as well as rent and all other expenses!
Business is Eligible for an E2 Visa!
Rent is only $2,500 plus CAM per month! Security deposit is $7,700. Lease transfer fee is $1,500.
Franchise Royalties are only 6%! One of the lowest franchise royalties in the food franchise industry! Franchise transfer fee is $10,000!
Only 1 hour from Orlando, FL!
Population is increasing by nearly 9% year-to-year! Located in a densely populated residential neighborhood!
Near Wildwood Middle High School with over 800 students and Wildwood Elementary School with 845 students!
Close proximity to apartment complexes like The Lofts at Brownwood, The Juliette, Wildwood Preserve Apartments, Club Wildwood Apartments, Sundance Trails, The Wilds at Trailwinds, and Wildwood Commons.
5 miles from a 130-unit build-to-rent development!
Only 2 miles from a six-building, garden-style development with 271 single-family homes and 132 townhomes being constructed!
7 miles from a new housing complex development that will feature 1,463 new homes!
Extremely high average traffic count of 18,700 vehicles passing by the Restaurant each day!
Asking Price for the Business-only: $189,000! Seller financing available for right buyer!
