American Fast Food Franchise, Short Hours, Absentee Owned & Emp Run
| Asking Price: | $150,000 |
| Gross Revenue: | $509,143 |
| Rent: | $7,141/Month |
| Cash Flow: | $92,276 |
| Inventory: | $10,000 |
American fast food franchise, well-established, short hours, 100% absentee owned and 100% employee operated, located in a desirable and busy Upland/Ontario area.
Please note, that this desirable franchisee is located on a major busy street inside a large shopping center, providing subject business with a steady volume of traffic.
Also, this Business establishment has ample seating capacity including an outdoor patio dining area.
Current ownership dedicates almost no time and resources for advertisement and promotion of this business and most of its clientele is established repeat or referral, therefore, upside potential, additional revenues and resulting higher bottom line may be realized by actively engaging in advertisement campaigns and utilizing social media.
Sellers maintain a full complement of staff with high payroll related expenses.
Financial Highlights:
Total Gross Sales F.Y. 2023: $509,143.00
Add Backs:
General Manager Salary: $50,000.00
Estimated Payroll Taxes: $4,500.00
Total Add Backs: $54,500.00
SDE/NET F.Y. 2023: $92,2760.00
NET/SDE is after Add Backs for Management Salary as an owner/operator model.
Number of Employees: FT-3, PT-6, Managers-1
Verifiable gross sales, short hours, 100% absentee ownership, full complement of staff, busy major street location along with opportunity for expansion and growth presents an attractive acquisition opportunity.
Acquisition of this Franchise is subject to corporate approval of the incoming buyer. All inspection and viewing of “Back of the House” are by appointment only.
ALL potential buyers must Sign an NDA, Completed Buyer Profile agree and understand that no direct communication with the facility or administrative staff what-so-ever is expected as a part of the pre-due diligence phase of the sale.
Disclaimer: The seller is responsible for proving the accuracy of any information provided to the buyer's satisfaction. Information contained in this document is provided solely by the seller. No representations or warranties are provided by us, its agents, representatives, or subsidiaries as to the accuracy, completeness or validity of such information. Interested buyers are encouraged to seek the counsel of their accountant, attorney and/or other industry experts.
