Property ID : LB22.209
For Sale $205,000.00 - Franchise Restaurant, Restaurant
- This Franchise has topped the Franchise 500 list for over 2 decades.
- This store was established in 2002.
- Prime, major intersection location with daily traffic counts of over 45,000.
- 1,600 sq. ft. store with seating for 28.
- Two weeks training provided to a qualified buyer.
ASSETS/FIXTURES/EQUIPMENT: (Included in the Asking Price):
- Furniture and equipment are valued at $30,000
- Inventory is not included in the asking price.
- Base rent is $ 3,009.60/month.
- CAM and Taxes average $ 681.40/month.
- Current lease expires 5/31/2021. A new Franchisee would be assured a long-term lease.
SALES AND SELLERS DISCRETIONARY EARNINGS (SDE):
|SALES||$ 385,909||$ 421,096||$ 416,572|
|SDE||$ 78,591||$ 105,835||$ 88,269|
- Asking price is $ 205,000.
- Bank financing is available to qualified buyer with only 20% down.
- Franchise transfer fee is not included in the asking price.
COMMENTS: This is a great opportunity for a highly reputable & easy to operate franchise, that has consistently been a world leader in its category.