Fantastic Restaurant Franchise Resale

Middle Tennessee

Asking Price: $549,000

Cash Flow: $202,000

Gross Revenue: $1,000,800

Business Description

Highly Successful Restaurant Franchise for Sale in Prime Williamson County Location Priced at $549,000 Business Description: Highly successful business from a well-known, award winning and respected brand name franchise. The location is in a busy shopping center in the heart of one of the wealthiest counties in Tennessee. High per capita and disposable income. Dense office and business parks near-by will provide plenty of opportunity to expand catering business. Franchise and owner training available, be confident in being able to succeed and grow. Business can be run as owner operator or absentee owner. Unique buying opportunity for individual seeking an established, top franchise with regular customers, great delivery and catering and high cash flows. Included with price are 3 additional franchise’s in a highly sought-after location of middle Tennessee. Turnkey operation with long term employees and cash flow potential for a full-time  owner operator of $200k+ for 2020. All furniture, fixtures, delivery vehicles, cooking and prep equipment included. If it’s needed to run this successful franchise, it’s included! Avoid the $400k startup costs that were needed to start this business 5 years ago. Detailed Information Cash Flow: range is between $175,000 and $200,000 +depending on owner’s role in the business.  More if one expanded using the 3 other licenses being sold with this business. Inventory: Restaurant will be fully stocked, $7k worth of food and supplies Real Estate: Leased Lease Expiration: 2025 with option to renew for 5 years Employees: 5 full time and 8 part time employees; most have been with company 4+ years. FF&E (Furniture, Fixtures & Equipment) everything you will need to run the business is included in the sale price. Competition: Limited similar restaurants in area. What makes this opportunity unique is that amount of repeat catering business that has been developed by the current owner. Business boasts multiple revenue streams that makes this franchise different. Growth & Expansion: Included in sale are the rights to 3 other franchises in a protected territory. Average household income allows for more discretionary spending, expand marketing and catering, perfect product for possible expansion to food truck.   Financing: Limited seller financing to qualified buyers at the seller’s discretion. Support and Training: Franchise offers initial training and the owner is willing to stay on for a transition period. Reason for Selling: Owner is retiring

This listing was added 01/25/2020

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