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Successful Muti - Unit Fast / Casual Franchise Rest.
Location: United States -> Alaska
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Well known nationally branded fast casual American restaurant, established in 1978, with two units in Alaska, and opportunity for additional expansion within the designated territory (Seward to Fairbanks). Seller added a drive thru pick-up window at both units during the pandemic/lockdown and both units had positive cash flow in 2020. Prime real estate is included in the sale, both units are located in high-traffic/high-visibility areas on major feeder routes. Seller wishes to retire after 43-years in business. SDE 2019 $233,000. Seller will remain with business for up to six months for a seamless transition. Well-seasoned key employees have been with the company anywhere from two to eighteen years.


Financials

Asking Price Range:  $5.0M - $10.0M
Gross Revenues:   $4,019,000
Cash Flow:   $216,594
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $1,178,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2020
Number of Employees:  50 - 99
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  4 weeks
Reason For Selling:  retirement

Photos

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Successful Muti - Unit Fast / Casual Franchise Rest. Photo 1




Print Listing Id: 700360272
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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 > Alaska Businesses For Sale > Alaska Franchises For Sale > Alaska Business Brokers



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