Resort Area Franchise Restaurant
Location: United States -> Kentucky -> Whitley City
Industry: Food and Beverage > Other Food and Beverage
Businesses for sale Summary
This diner-themed restaurant is situated in a fabulous resort area! Located near the Daniel Boone National Forest and Big South Fork recreational area; this would be a wonderful opportunity to own a business and raise a family. The restaurant can be run absentee or owner operated for greater profits. Purchase price of $75,000 includes all FF & E and a long term lease can be negotiated. The real estate is available for an appraised value of $700K. Sales have increased for the past 3 years and this low risk franchise is improving the bottom line by 10% a year. Strong franchise support and recognition make this a solid investment. For Non-Disclosure/C.A. email or call 423-566-5575.
Financials
Asking Price Range: $500K – $1.0M
Gross Revenues: $374,000
Cash Flow: $38,000
Cash Flow Type: EBITDA
Seller Financing: Yes
About The Business
Year Established: 2004
Number of Employees: 10 – 19
Relocatable: No
Franchise: Yes
Current Real Estate: Owned
Property: Property For Sale
About The Sale
Management Training and Support: 2 weeks corporate / 2 weeks owner.
Reason For Selling: Other business pursuits.
