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Absentee Owned Franchised Restaurant Augusta, Ga
Location: United States -> Georgia -> Augusta
Industry: Franchises > Food and Beverages




Business Summary

DO NOT SPEAK TO EMPLOYEES! The Seller is an Absentee-Owner and the Employees are unaware the business is for sale.
Yearly Net Profit of $153,000 AFTER paying approximately $144,000 in Payroll! Business is currently Absentee-Owned! Huge Opportunity for an Owner-Operator!

Monthly Gross Revenue is over $57,000!

Seller lives in Columbus, GA and is remotely managing the store.

Rent is $4,900 NNN. 14 years remaining on the lease plus a 5-year option to renew!

Franchise Royalty fee only 5% and a Marketing fee only 3%!

Authentic food with a variety of unique flavors to create some of the most delicious dishes. Open kitchen design with everything prepared in view. Every meal is cooked fresh to order using the freshest ingredients.

Exit Location!

Average daily traffic count is over 30,000! Total population within 5 miles is 154,309.

A mile away from Technical College which enrolls about 500 students. Georgia Military College enrolls about 700 students. Less than a mile away from SSI, retail shops, hotels/motels and movie theater, Walmart. Less than a mile away from 2 luxurious apartment complexes with a total of 545 units.

Asking Price for Business-only: $475,000 + inventory. Inventory is approximately $6,000 at cost.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $575,985
Cash Flow:   $121,492
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  2018
Number of Employees:  6 - 9
Relocatable:  Not Disclosed
Franchise:  Yes
Current Real Estate:  Owned

Photos

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Absentee Owned Franchised Restaurant Augusta, Ga Photo 1




Print Listing Id: 700366328
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Related Searches: Food and Beverages  >  Retail  >  Service  >  Other Franchises  > 

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



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