2 Deli Franchise Businesses w/1 R/E Property - Texarkana
Texarkana, AR
| Asking Price: | $700,000 |
| Gross Revenue: | $2,000,000 |
| FF&E: | $60,000 |
| Established Year: | 1986 |
| Cash Flow: | $228,318 |
| Inventory: | $10,000 |
| Real Estate: | $775,000 |
Listing ID: 2307479Listing provided by BizBuySell
BUSINESS DESCRIPTION
No Deferred Maintenance
Two (2) fast casual deli franchise businesses with drive-thru, one (1) with patio. No deferred maintenance, current brand standards in place. Inventory and cash on hand not included. Management included. Transfer fee(s) not included. Franchisor approval required, 3 years minimum operations experience, 25% equity toward purchase price, and net worth of $1M. One (1) real estate property, 0.4+/- acre, 2,148 SF, built in 1987, remodeled in 2018. Other store is currently being remodeled. Real estate sold separately for an additional price of $775,000 at a 6.9% cap rate.
DETAILED INFORMATION
Location
Texarkana, AR
Inventory
Not Included in asking price
Real Estate
Owned
Building SF
2,148
Employees
35
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
All equipment and facilities are up to brand standards, along with menu boards and technology package.
Competition
Very strong brand in the market. Franchisor is a part of the Rourke capital family of restaurant's. Major investment for growth and support.
Growth & Expansion
Market development not required but is encouraged with multiple potential sites for growth.
Financing
25% Equity Down franchisor requirement. SBA qualified for the right buyer
Support & Training
Franchisor training and certification provided upon approval. Seller will stay on for a period of time for transition.
Reason for Selling
Retiring
Franchise
This business is an established franchise
Report an Issue with this listing
