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Six Figure Profit, Burger Franchise in Hot North Texas Market

Collin County, TX
listing image
Sale Pending
Asking Price:$350,000
Gross Revenue:$1,227,170
FF&E:$95,000
Cash Flow:$100,962
Rent:$7,429/Month
Established Year:2018
Listing ID: 1933749Listing provided by BizBuySell
BUSINESS DESCRIPTION

Texas Restaurant Advisors would like to offer a profitable, well established national hamburger franchise restaurant in North Texas for purchase.

The business had a great 2022 with gross sales of $1,366,588 with adjusted net income of $173,000 then in 2023 sales were $1,227,170 with adjusted net income of $100,962. The owners are absentee, the business has a franchise approved full time General Manager. The franchise will require a new owner to go to 4-6 weeks of training in New York or possibly Houston before approving a transfer of the franchise agreement.

The sellers have kept impeccable books and records and will be available for initial review once a buyer has completed our NDA and a brief buyer profile.

DETAILED INFORMATION
Location
Collin County, TX
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,000
Employees
19
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Approximately 2,000 square foot, inline retail space with a covered patio in an affluent area of North Texas. Equipment is in great, working condition and a buyer will be able to have it inspected before closing.
Competition
Competition is inevitable in the restaurant industry. However, the business enjoys a hamburger exclusion in the shopping center
Growth & Expansion
A new owner can expand unique impressions on social media, potentially negotiate better terms with 3rd part delivery companies and more. A marketing fee is paid to the franchisor to coordinate marketing at a corporate level, a new owner could engage at the local level.
Support & Training
Seller willing to train for 30 days. Buyer may have to undergo franchisor training as well.
Reason for Selling
Owners have other full-time, professional positions
Franchise
This business is an established franchise
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Aaron
Evans
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Aaron Evans
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