Strong Pair Of Restaurants
Location:
United States
->
South Carolina
->
Mccormick
Industry: Food and Beverage > Other Food and Beverage
Business Summary
This pair of restaurants for sale has been established for several years and has been consistently profitable for the owners who are retiring after 30 years with the same franchise. Purchase price includes business, FF & E for one location with a rent of $4,200 per month and the second location includes business, land, building and FF & E. Cash flow for 2007 and 2006 was over $100K and 2008 is trending up. Franchise approval and training will be required. This franchise is SBA eligible to a qualified buyer. Some owner financing could be negotiated. For Non-Disclosure/C.A. email or call 423-566-5575.
Financials
Asking Price Range: $500K - $1.0M
Gross Revenues:
$871,000
Cash Flow:
$100,000
Cash Flow Type: EBITDA
Seller Financing: Not Disclosed
About The Business
Year Established: 1994
Number of Employees: 20 - 34
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: Downsizing.
Click on the "I'm Interested" button above for more information on this Food and Beverage > Other Food and Beverage business for sale.
|
Print Listing Id: 70093353
|
Business and Commercial Loans
Over 300 Lenders are waiting to help you with Financing for Business Purchase, Franchise, Commercial Mortgage or Equipment - Get Financing Now!
|
|
|
|
NEWSLETTER
|
|
Sign up for Free Industry-Related News on Business and Franchise Opportunities
|
|
|
|
|