Franchise Burger Restaurant with Full Bar, Patio and Profitable
Asking Price: | $599,000 |
Gross Revenue: | $1,800,000 |
Rent: | $10,821 |
Established Year: | 2022 |
Cash Flow: | $266,000 |
Inventory: | $10,000 |
EBITDA: | $240,000 |
Business Summary: Franchise Burger Restaurant with Full Bar and Patio
**Business Overview:**
This successful franchise burger restaurant combines a passion for gourmet burgers with a vibrant dining experience, featuring a full bar and a spacious patio. With strong brand recognition and a loyal customer base, the restaurant has become a local favorite, generating impressive revenue and cash flow.
**Key Financial Highlights:**
- **Annual Revenue:** Nearly $2 million
- **Cash Flow:** Over $250,000, reflecting robust operational efficiency and profitability
**Location and Atmosphere:**
Strategically situated in a high-traffic area, the restaurant boasts a welcoming ambiance, complete with an inviting patio for outdoor dining. The full bar offers a diverse selection of craft beers, cocktails, and wines, enhancing the dining experience and attracting a wider clientele.
**Menu and Offerings:**
The menu features a wide range of gourmet burgers, made from high-quality ingredients, alongside fresh salads, appetizers, and desserts. The bar menu complements the food offerings, featuring signature drinks and local brews, appealing to both casual diners and social patrons.
**Growth Potential:**
With strong financial performance and an established brand, there is significant potential for further growth through marketing initiatives, catering services, and community events. The current setup is designed for scalability, allowing for future expansion into additional locations.
**Conclusion:**
This franchise burger restaurant represents a unique opportunity for potential investors or franchisees. With a proven business model, strong financials, and an engaging customer experience, it is well-positioned for continued success and profitability in the competitive dining market.
LEASE BUILDING INFO.
Monthly Rent: $9398 Square ft: 2000
Expiration: 2027 Patron capacity: 75
Options: 2 x 5 Buyer to qualify Patio: Yes
Deposit: Buyer to qualify Hours of Operation: 8 a.m. to 10 p.m.
OPERATIONS FINANCIALS
Years established: Since 2021 Monthly sales: $150k
No. of employees 25 Monthly cash flow: $28k
Monthly payroll: $35k Annual Sales: $1.7m
Absentee run: Income is based on owner-operated. Annual Revenue: $266k (approx.)
2023 FINANCIAL ANALYSIS
MONTHLY SALES: $147K RENT: $9398
COG: $47K
Payroll: $35k
Royalty + Ad fees: $11.7k
Miscellaneous: $21.9k (credit card processing, insurance, utilities, etc.)
Income: $22k a month or $266K a year