REDUCED FOR QUICK SALE -National Franchise Burger Restaurant

Murrells Inlet, SC

Seller Financing Available

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Asking Price:$149,900
Gross Revenue:$514,000
FF&E:$100,000
Cash Flow:$135,000
Inventory:$5,000
BUSINESS DESCRIPTION

Sellers are having health issues forcing them to find a new owner. This well established Franchise Hamburger Restaurant is located in an upscale strip center in the Myrtle Beach area. Original owner opened in this location 11 years ago. Sales have been steady with an uptick in the summer tourist season.. Open from 11 AM – 9 PM 7 days. They do not serve alcohol but beer and wine could be added. Sales are consistently $500K +/ year. Rent is a very reasonable $4700/ month. Seller is willing to do some owner financing for a well qualified buyer. 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! Sellers will consider any reasonable offer.


DETAILED INFORMATION
Location
Murrells Inlet, SC
Inventory
Not Included in asking price
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Financing
Seller will consider financing for a well qualified buyer with at least half down.
Support & Training
2 weeks owner training plus training by franchise
Reason for Selling
Downsizing
Franchise
This business is an established franchise
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Jim
Bunting
www.traddcommercial.com
Jim Bunting