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Restaurant Franchise For Sale
Location: United States -> Georgia -> Alpharetta
Industry: Food and Beverage > Other Food and Beverage




Business Summary

The location of this existing franchise for sale couldn't be better - right off of a MAJOR commuter road in Alpharetta that sees thousands of vehicles every hour. Nearby businesses include a Publix, condominiums, fast food dining options, an auto dealership, and a Wells Fargo. Alpharetta was the sixth fastest growing city according to the 2012 United States census, and over 80% of the homes in the area have a value of over $200,000. More than 64% of the almost 65,000 Alpharetta residents hold a bachelor degree, nearly double the national average. With 20% of the residents with an income over $100,000 annually, there is money to be spent in this city, and people love to spend money eating out! Sales for 2017 are on track to do nearly $860,000 with catering accounting for over $300,000 of this total. That means you are not 100% dependent on walk in traffic to generate strong earnings of $65,000.

An owner operator of this existing franchise for sale will get the same great training in the local market. Earnings of around $65,000 for 2017 will be yours when you take over this business opportunity. This fast casual BBQ model has the systems and processes in place that convey to you along with the remaining term of the existing franchise agreement. Royalties are just 5% of sales and marketing is 2% - all accounted for in the P&L available from the Restaurant Brokers once you have acknowledged confidentiality.

This existing franchise for sale offered by the Restaurant Brokers has ample seating and can accommodate up to 75 guests inside, and another 32 at the outdoor patio tables with umbrellas. The country and barn theme of this fast casual existing franchise for sale rings throughout and transforms customers out of city life while they are enjoying one of the delicious items on the menu. The current owner has listed this existing franchise for sale for personal reasons, and his loss will be your gain!

Contact Eric Gagnon 404-800-6700


Financials

Asking Price Range:  < $250K
Gross Revenues:   $840,336
Cash Flow:   $64,968
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  2006
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  Yes
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  2 weeks after closing
Reason For Selling:  Relocation




Print Listing Id: 700285538
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

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



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