Eastern Kentucky Franchise For Sale, Over $800K Revenue
Asking Price: | $119,000 |
Gross Revenue: | $883,482 |
Established Year: | 9 |
Cash Flow: | $34,141 |
Rent: | $6,000/Month |
Why Spend Literally Well Over $300 Thousand Dollars to Build Out a New Franchised Restaurant When you Can Buy this Existing and Established Moe's Southwest Grill Franchise for Sale in Pike County, Kentucky? Open and Operating 9 years. Annual Sales exceed $800,000. Perfect for an Owner-Operator who can oversee day-to-day operations and manage controllable costs.There is plenty of room in this 2600+ square foot space at a reasonable all-in gross rent of around $6000 per month or 9% of net sales. This location can accommodate approximately 79 guests inside and out on their private patio making it a perfect venue for parties and other catered special events.
Pike county is known as “McCoy territory” from feud lore, and the birthplace of Dwight Yoakam, Pikeville is the central hub for lodging in the region, and a short drive from everything Eastern Kentucky. There is a wealth of history in Pike County, Kentucky.No need to find a building and go through the hassles of permits, buildouts, and waiting on contractors. This Moe's Franchise for Sale is fully equipped and ready to go! Trained staff are already in place and greeting each visitor with the ever present "Welcome to Moe's!" This turn-key operation has everything you need to continue serving up the fresh, flavorful, fun menu that everyone loves! Contact We Sell Restaurants today and be the next owner of this fun loving brand!
The restaurant is currently absentee operated with a manager in place, however an owner-operator should be able to replace the General Manager, focus on cost controls, especially cost of goods, and turn a nice profit.When you purchase a franchise like this Moe's Franchise for Sale you are in business for yourself, but not by yourself. You have the on-going support and training of the brand that wants your success. The $15,000 transfer fee covers the cost of your two week training at the franchise headquarters in Atlanta. Royalties are 5 percent on sales and national marketing fee is only 2 percent which is well within industry standards. Call your restaurant brokers today at We Sell Restaurants to learn how you can be the new owner of this long standing Moe's Southwest Grill Franchise for Sale in beautiful Pike County Kentucky.By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.