Franchise Burger Bargain

Georgetown, SC
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Asking Price:$250,000
Gross Revenue:$700,000
Rent:$3,474/Month
Cash Flow:$150,000
Inventory:$5,000
FF&E:$100,000
BUSINESS DESCRIPTION

Franchise Hamburger Restaurant with good cash flow

This well established Franchise Hamburger Restaurant is located in an upscale a strip center in Georgetown. Owner opened in this location 10 years ago. Sales are better than any of the other Hwy 55 stores in the area. Open from 11 AM – 9 PM 7 days. They do not serve alcohol but beer and wine could be added. Sales are consistently $700K +/ year Rent is a very reasonable $3474/ month. . The franchise is family oriented and very easy to get along with. Transfer fee is $5000 and royalties are 6% plus an additional 2% for advertising. Being a franchise, they get national pricing and advertising. The franchise also pays for a billboard and local coupon mailers. If you are looking for a smooth running franchise and want to make a good 6 figure income, this is it! Priced to sell at less than 2 times earnings.


DETAILED INFORMATION
Location
Georgetown, SC
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,600
Lease Expiration
01/04/2029
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Located in a strip center on a main road in Georgetown
Support & Training
2n weeks + franchise training and support
Reason for Selling
Retirement
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Jim
Bunting
www.traddcommercial.com
Jim Bunting