Checkers - North Carolina, Real estate available!
Edgecombe County, NC
| Asking Price: | $475,000 |
| Gross Revenue: | $742,681 |
| EBITDA: | $128,607 |
| Real Estate: | $1,400,000 |
| Cash Flow: | $128,607 |
| Inventory: | $10,000 |
| FF&E: | $260,000 |
| Established Year: | 2023 |
Listing ID: 2267478Listing provided by BizBuySell
BUSINESS DESCRIPTION
Real Estate Available
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
Edgecombe County, NC
Inventory
Not Included in asking price
Real Estate
Owned
Building SF
1,100
Employees
14
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
New location with double drive thru.
Competition
New location near major interstate, multiple schools, center of town.
Growth & Expansion
Growth via new development or acquisition of existing units.
Financing
implied rent already deducted from cash flow
Support & Training
Franchisor offers 5 weeks of training.
Reason for Selling
Other business interests
Franchise
This business is an established franchise
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