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Restaurant Franchise For Sale
Location: United States -> North Carolina -> Greensboro
Industry: Franchises > Food and Beverages




Business Summary

This Restaurant Franchise for Sale in beautiful Greensboro, North Carolina is producing sales of over $400,000. This listing includes a second right to develop that's paid for so you can build your second store.

This Restaurant Franchise for Sale is perfect for anyone seeking an opportunity with limited hours, no frying, no alcohol and no late nights. You don't have to be a great operator because you will attend training for 30 days and have a franchise business consultant at your side when you take over the operations. Sales of over $400,000 are netting an owner/operator around $70,000 a year and that's for one store. Open your second unit with the included right to develop and double the potential for earnings.

This Restaurant Franchise for sale offered by the restaurant brokers is located in a high volume, large open air shopping center with peak visit times from 12pm to 7pm adding plenty of opportunity for sales. There are 42 seats inside the 1,148 square foot store and 8 seats outside to enjoy the mild North Carolina weather. This Restaurant Franchise for Sale opened in 2015 with a 10-year lease at the monthly rent of $4412 including CAMS.

Greensboro is ripe for growth of your second location since businesses in Greensboro enjoy low tax levels, moderate wage rates and a ''pro-business'' attitude. The 3rd largest city by population in North Carolina, Greensboro has a population close to 300,000. The median household income has grown by over 10% in the last decade making the average household income around $44,934.

Fully equipped and built to the standards of this brand, it will transfer in perfect condition to you with the payment of a $5000 transfer fee meaning you get all the remaining term on the franchise agreement along with options to renew.

What are you waiting for? Make an offer today for this restaurant franchise for sale. Contact Certified Restaurant Broker Robin Gagnon at 404-800-6700 for more information.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $425,939
Cash Flow:   $69,713
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  2015
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  Yes
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  3 weeks of franchise training
Reason For Selling:  Relocation

Photos

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Restaurant Franchise For Sale Photo 1




Print Listing Id: 700274319
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Related Searches: Food and Beverages  >  Retail  >  Service  >  Other Franchises  > 

Also See: Franchise Opportunities > Franchise Resales > North Carolina Businesses For Sale > North Carolina Franchises For Sale > North Carolina Business Brokers



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