Franchise Restaurant for Sale
Asking Price: | $390,000 |
Gross Revenue: | $1,302,060 |
FF&E: | $100,000 |
Cash Flow: | $194,013 |
Inventory: | $15,000 |
Established Year: | 2013 |
Franchise Restaurant for Sale
Well known iconic franchise with more than 30 locations in South Florida. Fast casual restaurant brand known for its legendary cheesesteak, wings, gyros and burgers. This restaurant has been established for 13 years. Stand alone building with 9 years remaining on the lease with favorable conditions. Fully staffed restaurant with owner living out of state and dedicating only 10 hours a week, easy to run. Growth opportunity by serving breakfast and opening 24 hours. Breakdown of sales: 65% delivery, 20% drive through and 15% dine in. Royalty is 6% plus 3% advertising. Owner is absentee, full staff in place. Numbers assume that the owner works in the business as one of the managers, the salary for one of the managers is added back ($60k).
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