Major Brand Master Area Franchisee with 36 Stores and Expansion Opps
Asking Price: | $4,300,000 |
Gross Revenue: | $1,775,993 |
FF&E: | $7,313 |
Cash Flow: | $853,171 |
Rent: | $8,900/Month |
Established Year: | 2006 |
This is a great opportunity!
Business Description:
This major Master Franchisor operates 36 profitable units spread across DC, Baltimore, and Virginia. Each unit is on average 2,100 square feet, all on leases, and with extendable options available. Expansion to at least 20 more locations is now underway.
The company has mastered a successful system for finding, training, and coaching the new franchisee. Also, they have created a great process to assist in full, from the construction site selection to which architect and attorney to use, to everything in-between.
Moreover, there is one owner-owned restaurant run independently from the rest but also included in the sale. The restaurant is strategically located in the state of VA and has the capacity to be run autonomously or with oversight.
The company operates under a well-recognized national brand of fast dining restaurants. With some of the highest customer satiation and food quality second to none, they’re looking to find someone who is willing to take from here and expand the company to new heights.
Historical Summary:
When the owner purchased the territory he worked with the franchisor to map out a sustainable plan for growth. Store locations were developed to maximize individual store performance. There are at a minimum an additional 20 locations within the territory to ultimately be developed.
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