Checkers in NC with Real Estate!

Durham County, NC
listing image
Asking Price:$485,000
Gross Revenue:$1,381,786
EBITDA:$138,049
Real Estate:$1,750,000
Cash Flow:$138,049
Inventory:$3,000
FF&E:$300,000
Established Year:2021
BUSINESS DESCRIPTION

Turn-key unit with growing sales! Real estate available.

Turn-key QSR with real estate! Headquartered in Tampa, FL, Checkers was founded in 1986 and now boasts over 800 units nationwide. Checkers acquired Rally’s in 1999. The two chains combine to make one of the fastest growing restaurants in the industry with more than 800 locations across the country. Known for their bold flavored and seared burgers, indulgent milkshakes, and Famous Seasoned Fries. Franchisor requires a minimum of $750k net worth with at least $250k liquid assets, or commensurate with purchase. Restaurant experience preferred but not required.


DETAILED INFORMATION
Location
Durham County, NC
Inventory
Not Included in asking price
Real Estate
Owned
Building SF
954
Employees
15
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Newly built in 2021, double drive-thru.
Competition
New location, modular building with great freeway access, close to many schools. Includes the ownership and operation of the two head EV Charger (ChargePoint). The store is also equipped with an AI order taker that takes all drive thru orders and automatically keys them to the POS.
Growth & Expansion
Growth available in the brand via new development or acquisition of existing units.
Financing
SBA financeable, implied rent deducted from cash flow figure
Support & Training
Checkers offers 5 weeks training.
Reason for Selling
other business interests
Report an Issue with this listing
profile-img
Emily
Burns
logo-img
Emily Burns