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Fast Food Restaurant For Sale - Checkers Drive In
Location Georgia,United States
Asking Price Range < $250K
Gross Revenues $400000
Net Profit / Cash Flow $60000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 2012
Number of Employees 6 - 9
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Owned
Description Fast Food Restaurant for Sale - This Checkers Drive In is a slam dunk opportunity to acquire a single profitable store in the Atlanta area.
A fast food restaurant for sale is serious business when it's a Checkers Drive In restaurant that delivers food in 45 seconds from order to pick up through their unique double drive-thru locations. That's only one of the reasons they have grown to 820 locations nationwide across 29 states.
The Atlanta metro is a booming metropolis that is on the go! That means we want our food fast and this fast food restaurant for sale delivers on the promise. Better yet, this Checkers Drive In is priced to move at only $150,000 when it's spinning out sales and profits for an owner/operator. Sales of more than $400,000 last year and absentee ownership would generate more than $60,000 for someone in the store each day. Rent is only $3600.00 for this fast food restaurant for sale or 8.3% of sales, a healthy way to deliver a strong margin. Owner will sell the real estate for $675,000 to the new buyer.
Checkers Drive-In Restaurants, Inc. started out in Mobile, Alabama, in 1986 and is now headquartered in Tampa, Florida. The Company grew to 85 stores in the Southeast before going public in 1991. Estimates for new franchisees include start-up costs of between $468,000 and $660,000 for a build out and rental space. Buy the entire unit- operating and profitable for pennies on the dollar below those estimates. You can even own the real estate which makes it much more attractive to lenders. We have a second unit in the Atlanta metro if you want to acquire two at a time.
The restaurant brokers will assist with the franchise transfer of the fast food restaurant for sale and the Checkers Drive-In owner requests the buyer pay the transfer costs which are minimal.
Royalty fees of just 5% and an ad co-op of 5% of sales are the costs associated with this Checkers Burgers Restaurant franchise for sale once you take over operations.
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