Six Figure Profit, Burger Franchise in Hot North Texas Market
Collin County, TX
Sale Pending
| Asking Price: | $350,000 |
| Gross Revenue: | $1,227,170 |
| FF&E: | $95,000 |
| Cash Flow: | $100,962 |
| Rent: | $7,429/Month |
| Established Year: | 2018 |
Listing ID: 1933749Listing provided by BizBuySell
BUSINESS DESCRIPTION
Texas Restaurant Advisors would like to offer a profitable, well established national hamburger franchise restaurant in North Texas for purchase.
The business had a great 2022 with gross sales of $1,366,588 with adjusted net income of $173,000 then in 2023 sales were $1,227,170 with adjusted net income of $100,962. The owners are absentee, the business has a franchise approved full time General Manager. The franchise will require a new owner to go to 4-6 weeks of training in New York or possibly Houston before approving a transfer of the franchise agreement.
The sellers have kept impeccable books and records and will be available for initial review once a buyer has completed our NDA and a brief buyer profile.
DETAILED INFORMATION
Location
Collin County, TX
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,000
Employees
19
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Approximately 2,000 square foot, inline retail space with a covered patio in an affluent area of North Texas. Equipment is in great, working condition and a buyer will be able to have it inspected before closing.
Competition
Competition is inevitable in the restaurant industry. However, the business enjoys a hamburger exclusion in the shopping center
Growth & Expansion
A new owner can expand unique impressions on social media, potentially negotiate better terms with 3rd part delivery companies and more. A marketing fee is paid to the franchisor to coordinate marketing at a corporate level, a new owner could engage at the local level.
Support & Training
Seller willing to train for 30 days. Buyer may have to undergo franchisor training as well.
Reason for Selling
Owners have other full-time, professional positions
Franchise
This business is an established franchise
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