Absentee franchise restaurant 2-pack $268k SDE

Absentee franchise restaurant 2-pack $268k SDE

Asking Price: $725,000

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Location
Sangamon County, Illinois
Categories
Restaurants & Food
Seller Financing
Not Available
Gross Revenue
$2,061,700
FF&E
$300,000
Owner Earnings
$276,710
Number of Employees
50
Franchise
Yes
In Business Since
2016
Formation date
May 2016
Is the property owned or leased?
N/A
Is this business that you wish to sell one location or a franchise?
A Franchise

Business Description

This established, highly-successful, franchise restaurant “2-pack” is absentee owned. The seller spends an average of four (4) hours per week managing the managers and the marketing of the stores. Tenured managers and staff are in place at both locations enabling a true absentee-ownership role. Annual revenue exceeds $2 million and SDE averages $268,000. Since opening, these locations have grown, developed a solid reputation (4.3 star rating) and a loyal clientele in both locations. The highly respected franchisor is large enough to gain economies of scale for its franchisees but small enough that each franchisee enjoys a personal relationship and advisory role. Prospective buyers must apply with the franchisor, meet its franchisee requirements for approval and complete all required training.

For a very reasonable investment, a new owner could hit the

ground running with this turnkey, absentee opportunity. With the support of an excellent franchisor, the buyer does not need extensive restaurant experience to be successful.

For more information, contact the listing agent Charlie Scarlett cscarlett@tworld.com with Transworld Business Advisors or our office at (636)400-6100 stlwest@tworld.com and ask about listing number 295474. Real Estate included through WJRJR LLC, 636-400-6100 Listing Broker William Roland Jr.

Reason for Sale

Relocation

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