Turnkey QSR Restaurant Franchise (Lincoln Park)!
| Asking Price: | $69,500 |
| Inventory: | $7,500 |
| FF&E: | $50,000 |
| Gross Revenue: | $400,000 |
| Rent: | $5,844/Month |
| Established Year: | 2021 |
Please do not disturb staff!
National brand with 30 locations. This is the concept's only location in IL with plenty of room to grow. This is currently an out-of-state corporately-owned unit and the corporation is moving away from out-of-state corporate ownership and increasing its franchisee-owned unit growth across the US. This purchase can either be an asset-only sale where the Buyer purchases the equipment, aggressive lease term and changes the concept OR the Buyer may purchase the business as is and continue the existing concept. In either scenario, there is significant room for growth to the top and bottom lines. The business is currently operating on significantly reduced hours of operations and engaging in very little marketing. With the right owner-operator, sales can increase substantially, especially given this national concept's AUV of $919,149 per unit. More than 50,000 Residents within 1 mile. Average household income $125K+
Included Infrastructure:
Type I Hood, Grease Trap, Walk-In Freezer,(2) ADA Bathrooms and an included space next to the restaurant that could be used for storage or office space.
Included Equipment:
(3) Fryers, 48" Gas Flat Top Griddle, Spaceman Milkshake Machine, Sandwich Prep Line with overhead heat, refrigerated sandwich prep table, Ice Machine, Toast P.O.S. system with Kitchen Display Screens, stainless steel tables, guest tables, chairs, exterior channel letter signage, interior back-lit signage and décor.
***Since the Seller is the corporate entity that controls the concept and brand, if Buyer would like to continue the concept at this location, Seller can get very aggressive on deal terms.***
