Eastern Kentucky Franchise For Sale, Over $800K Revenue

Nelse, KY
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Asking Price:$119,000
Gross Revenue:$883,482
Established Year:9
Cash Flow:$34,141
Rent:$6,000/Month
BUSINESS DESCRIPTION

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.


DETAILED INFORMATION
Location
Nelse, KY
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,682
Lease Expiration
15/10/2025
Employees
9
Facilities
22 seats outside 11 booths 35 chairs with tables Benchmark Nacho Chip Warmer 4 Pan Electric Hot Food Table Beverage Aire Alto Shaam Movile Heat Cabinet Ultramax Griddle Blodgett Pitco Gas Fryer Alto Shaam Mobile Heat Cabinet Econair Ice Maker Coke Machine Electric Griddle and Toaster Grill Shelving Racking Counters NCR Registers POS System Outdoor Signage Indoor Signage Computers Phones Sound System Communication System Hardware Tables Booths Smallwares Security System Grease Collection System TVs Fire Protection System SS Rolling tables Trash Cans Drive Thru Headsets Two Storage Buildings NVR Camera Walk In Cooler AIr Exhaust Hood
Competition
open 9 years in same location loyal customer base high traffic area
Growth & Expansion
thriving town, located in busy mall area, high catering business area
Support & Training
na Will assist any way needed for smooth transition
Reason for Selling
Other
Franchise
This business is an established franchise
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Steve
Weinbaum
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Steve Weinbaum