5 Burger King Franchises & 1 Real Estate Parcel - VA & NC
Asking Price: | $3,750,000 |
Real Estate: | $1,700,000 |
EBITDA: | $587,114 |
Adj. Biz EBITDA $587,114 | AUV $1.53M+ | R/E NOI $104,400 | CAP Rate 6%
Five (5) Burger King franchise businesses. Adj. Business EBITDA $587,114, AUV $1.53M+. Real estate NOI $104,400, CAP Rate 6%. Business $2M / Real estate $1.75M.
No deferred maintenance for 2 years, immediate cashflow, management included, SBA approved. Inventory and cash on hand not included. All stores feature a drive-thru, one with a patio. 4 stores located in Portsmouth & Virginia Beach areas, and 1 location in Moyock NC (real estate included). Leases are transferable. Transfer fee(s) not included.
Franchisor approval required - 40% down payment toward purchase price, min 3 years operation or ownership restaurant experience, and must currently live in the region.