Taco John's in KS; $130k down payment; $272K SDE; $1.7M Sales

Colby, KS

Seller Financing Available

Asking Price:$1,200,000
Gross Revenue:$1,714,663
Cash Flow:$272,409
Established Year:1994
BUSINESS DESCRIPTION

Consistent Sales over $1.7M!

A preferred SBA lender has underwritten this acquisition with $130,000 down payment and a 10% seller note.

Started in 1968 as a small taco stand, Taco John’s® operates and franchises nearly 400 restaurants in 23 states, making it one of the largest Mexican quick-service restaurant brands in America.

Taco John’s began in the Midwest, evolving to include drive-thrus and interior seating to bring you the unique flavors that made Taco John’s® famous. Our menu evolved to include bold originals like Potato Olés®, Meat and Potato Burritos. Ever hear of Taco Tuesday? We started it! That’s how seriously we take tacos.

The Colby, Kansas Taco John’s opened in April 1986 and was purchased in 1994 by the current owners. For 30 years, the owners and their outstanding son/manager have grown to a consistent $1.6 million in revenues and a constant in the Colby, KS community. The location is immediately on the corner of the Interstate-70 exit, which provides a constant traffic flow. The owners are entering retirement.


ATTACHED DOCUMENTS
Confidentiality Agreement Download

DETAILED INFORMATION
Location
Colby, KS
Inventory
Not Included in asking price
Real Estate
Owned
Employees
24
Facilities
All FF&E included. The owners regularly update the store and upgrade the systems (including POS). The store was recently renovated, including a new roof, new stucco, new paint, and a new parking lot. Real estate is available for sale - terms TBD.
Competition
Taco John's was ranked 144 on the Entrepreneur Franchise 500 rankings for 2024. The closest Taco John's to this location is over 80 miles away.
Growth & Expansion
The store has an opportunity to increase their sales during the breakfast hours. Additionally, the store is poised to see growth as the community of Colby continues to grow (regional hospital, new events center, and a new rodeo arena that's in the works, as well).
Financing
Seller financing available (terms to be negotiated).
Support & Training
The owners are willing to stay on for a transition period (terms to be negotiated).
Reason for Selling
Owner Retirement
Franchise
This business is an established franchise
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Britt Clas