Strong National Franchise Restaurant in Lubbock, TX For Sale

This Listing is Closed

Business
  • Listing# : 11465
  • Listed Price : $550,000
  • Total Sales : $1,839,626
  • SIC :
  • Down Payment : $88,000
  • Status : Closed
  • Discretionary Earnings : $229,538

Business Type :

Restaurants / Fast Food Franchise

Business Description :

Strong national restaurant franchise in Lubbock with fast causal full service restaurant and drive through located in prime area. Restaurant revenues expected to exceed 1.8M for 2015. Figures below for 2015 are franchisor's pro-forma average company operating expenses. Actual tax returns and financials to be released once buyer is approved. Real Estate can be purchased with business as a package deal. Financial statement and NDA will be required by all inquirers. One million in net worth and $500,000 liquid capital required by franchisor.

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl : No
    • Real Estate $0
    • Incl : Available
    • Inventory $16,000
    • Incl : Yes
    • Liabilities $0
    • Incl : No
    • FF&E $450,000
    • Incl : Yes
    • Other: $30,000
    • Incl : Yes
    • Leasehold $350,000
    • Incl : Yes
    • Total Assets $846,000
    • Incl : Yes

Lender Prequalified: Yes

Similar Listing :

Restaurants