Breakfast/Lunch Franchise - Resale

Business
  • Listing# : 18013
  • Listed Price : $295,000
  • Total Sales : $689,818
  • SIC : 5812
  • Down Payment : $295,000
  • Status : Active
  • Discretionary Earnings : $28,869

Business Type :

Restaurants / Breakfast Lunch

Business Description :

Breakfast/Lunch concept with the backing of a franchise. All franchise fees are built into the purchase price.  Normally a new franchisee would spend $500,000+ on franchise fees, training, and buildout of a location. This turnkey opportunity with franchisor support, is an excellent opportunity for someone to run their own business.

The company employs 16 people. This consists of 1 General Manager, 3 full time Cooks, 3 part time bussers, and 9 part time servers.  The corporate chef and sous chef are currently paid through this location and help as needed.  The general manager on staff will be replaced by the new franchise owner.

The owner is and absentee, but she is in contact with the general manager of the location on a daily basis and visits the location to check on the staff.  She does not spend time working at this location. The general manager will be replaced by a new owner of the franchise.  


Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $0
    • Incl :
    • Inventory $0
    • Incl :
    • Liabilities $2,709
    • Incl : No
    • FF&E $80,798
    • Incl : Yes
    • Other: $0
    • Incl : No
    • Leasehold $25,627
    • Incl : Yes
    • Total Assets $106,425
    • Incl : Yes

Lender Prequalified: No

Similar Listing :

Restaurants