No 1 Restaurant Franchise In Area
Location:
United States
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Georgia
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Marble Hill
Industry: Food and Beverage > Other Food and Beverage
Business Summary
Beautiful mountain area restaurant for sale in Pickens County, GA. Home to the world's largest marble formation. Located adjacent to a very popular resort, this Marble Hill restaurant features a diner themed menu this is popular with tourists and locals alike. Low royalty rates and name recognition are added factors for this franchise restaurant. Eligible for SBA lending, this is an opportunity to acquire a unit in one of the few restaurant chains that has grown in 2007. Sales were over $427K in 2007 and are tracking to beat that this year. As reported in 'Nation's Restaurant News' for 2007 this franchise was #1 in sales growth, #1 in unit growth and #1 in its category for number of units for the second year in a row! All FF & E are offered for $175,000 or as a package with the RE for $1,100K. For Non-Disclosure/C.A. email or call 423-566-5575.
Financials
Asking Price Range: $1.0M - $2.5M
Gross Revenues:
$427,000
Cash Flow:
$60,000
Cash Flow Type: EBITDA
Inventory: $175,000
Seller Financing: Not Disclosed
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.
Click on the "I'm Interested" button above for more information on this Food and Beverage > Other Food and Beverage business for sale.
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Print Listing Id: 70093354
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