BRAND NEW BUILT MIDDLE EASTERN FOOD FRANCHISE PACKAGE DEAL FOR SALE
| Asking Price: | $1,790,000 |
BRAND NEW BUILT MIDDLE EASTERN FOOD FRANCHISE PACKAGE DEAL FOR SALE - BUSINESS ONLY
Middle Eastern Fast food Franchise.
Well known in 12 states - Started in 2009 in Illinois brought to North Texas by this Franchisee in 2022
Both Locations were Built Brand New in 2022
LOCATION#1:
Location : Frisco, TX
Lease term: 10 years lease from 2022 to 2032
Current Rent: $6,881 Including NNN
Build Out cost in 2022: $770,000 Plus
Franchise Transfer fee: $5,000
Location Opened in July 2022- Brand New Built
2022 Average Monthly Revenues: $66,000
Jan- July 2023- Average Monthly Revenues: $61,000
Currently Negative Cash flow as Investor Owned but hands-on operator Can do much better by Reducing Extra Labor Cost / Payroll , Better day to day management .
LOCATION#2:
Location : McKinney, TX
Lease term: 10 years lease from Nov 2022 to Nov 2032
Rent: $10,564 Including NNN
Build Out cost in 2022: $580,000
Franchise Transfer fee: $5,000
Site Opened in Nov 2022- Brand New Built
2022 Average Monthly Revenues: $38,469
Jan- July 2023- Average Monthly Revenues: $41,895
Currently Negative Cash flow as Investor Owned but hands-on operator Can do much better by Reducing Extra Labor Cost / Payroll , Better day to day management .
FRANCHISE QUALIFICATION REQUIREMENTS:
Multi-unit restaurant management/development experience and franchise ownership are preferred.
Minimum net worth of $1,800,000, of which $600,000 must be liquid
Franchise transfer fee amount: $5000
Note : Client's Asking Price Only Gives them back their Built Out Cost , Upfront Franchise Cost of $165,000 and Closing Costs of Sale - They Are Pricing this Competitively so new Buyer can take this Business to a New level and Grow with the Franchise in Future in DFW Area
Asking Price for Package Deal: $1.79 million+ Inventory ( Business , Equipment and Furniture Fixture all are Included in the Sale ) - SBA Loan Possible with 25 % Down Payment for Qualified Clients on Case to Case Basis
Liquid Proof of Funds of $600,000 and Past Experience in Food Business , Signing of NDA is Required before any Address is Released
