Restaurant Franchise

Price: $1,250,000

Location: Charles

Industry: Retail, Restaurants

Listing ID: Montgomery-MZ Rest 667

Absentee owner! Owner enjoys over $400,000 in cash flow with minimal to absentee involvement. This is one of the most successful casual dinning restaurants with growing revenue year over year. The Managers and all employees are in place. Lease terms are very attractive and annual rent is only 6% of total sales. This is a worldwide franchise and brand awareness is growing very fast. Their delicious food is very uniques concept and it is becoming extremely popular. Franchisor provide excellent training and support. The business is located in very busy area and surrounded with national brands like Safeway, Starbucks.They have provided an excellent service and they have thousands of repeat and new customers. They serve liquor and Beer and wine and they have inside and outside seating of about 92.

Listing Details

Revenue: $2,000,000

Cash Flow: $426,000

EBITDA: $370,000

FFE: $125,000 (Included in Price)

Inventory: $10,000 (Included in Price)

Real Estate: (Not Included in Price)

Franchise?: Yes

Reason For Sale:

Owner is retiring

Training & Support:

Franchisor will provide excellent training and support to new owner. Also, current management is willing to provide training and support for two weeks.

Operation

Year Established: 2016

Employees: 18

Managers: 3

Absentee Owner?: Yes

Location

Lease Option: two five years

Monthly Rent: 10296

Type of Location: Shopping Center

Square Footage: 3136

Relocatable?: No

Facilities Information:

The restaurants has permit for 92 seating and they have outside seating.

Summary

Owner Qualifications:

Owner should have $250,000+ liquid assets and net worth of $700,000

Competition:

There is no competition for their food in their area.

Potential Growth:

The management have done excellent job to grow this business and this trend may continue going forward. Also, the number of franchises have been growing world wide. New owner can enjoy current high cash flow and grow this business to higher level.

Financing/Terms:

The business is qualified for SBA financing with 10-20% down payment.

(Mike) Majid Zarinbaksh, MBA, CBI, M&AMI

[email protected]
(301) 215-9288
Address:
7735 Old Georgetown Rd., Suite 910 Bethesda, MD 20814

  • Hidden