- 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
- Jun 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.
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