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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

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Franchise Restaurant - Prime University Location

Location  Virginia,United States
Asking Price Range  < $250K
Gross Revenues  $245000
Net Profit / Cash Flow  $0
Cash Flow Type  EBITDA
Seller Finance  No
Year Established  2010
Number of Employees  10 - 19
Inventory  194000
Relocatable  No
Number of Employees  10 - 19
Real Estate  Leased
Training  Provided by corporate office for free
Reason for Sale  Absentee owner
Description  Popular franchised sandwich restaurant located in a high profile shopping center, with heavy foot traffic due to its prime location adjacent to University of 20,000+ students. Turn key Restaurant has great reputation and tremendous upside for owner/operator. Current owner is absentee. Year one Adj Revenue = $204,000; Year two Proj. Adj. Revenue = $245,000. Asking Price = $249k. Physical Property: Newly built in November 2010 1500 sq. feet All food equipment in good working condition; inspected regularly Low Rent/Lease for location Low Franchise fees Transferable Franchisee license at no additional cost to buyer Opportunities for revenue growth and improve bottom line as viewed by Franchisor: *Owner/operator absorb manager salary + hourly wages = approx. $20 - 30k *Absentee owner unable to keep eye on business; High Cost of Goods *Increase marketing to promote restaurant to new hospital, university, mall, and local businesseses *Untapped catering business = approx. $25k - $50k *Untapped Delivery business = approx. $30k- $40k *Source and utilize local Chamber of Commerce *Add lit exterior signage to improve store visibility
Click Here To Contact Seller

    

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