Restaurant Franchise
Location: United States -> Alabama -> Escambia
Industry: Food and Beverage > Other Food and Beverage
Business Summary
Tracking towards $450K in sales for 2008. This long standing franchise has been one of the few mainstays in this small southern Alabama town. Located on the major thoroughfare to Pensacola, Destin FL resort areas. This business has a long standing (13 years) presence in the community and offers great stability along with the comfort of a well recognized franchise. This is a great opportunity to live and earn a living in the coastal Alabama area. Some updating of the current facility and this restaurant will be ready to run for the next several years. Seller is willing to consider selling the business for $100K and leasing the space for $3,000 per month for 10 years to the right buyer. For Non-Disclosure/C.A. email or call 423-566-5575 for more information on this Restaurant franchise for sale.
Financials
Asking Price Range: $250K – $500K
Gross Revenues: $430,000
Cash Flow: $42,000
Cash Flow Type: EBITDA
Seller Financing: Not Disclosed
About The Business
Year Established: 1996
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: Retirement.
