Local franchise burger franchise located in Tarrant County but near Ellis County available for acquisition. The current owners are absentee and have other interests that take away their time and attention. The restaurant needs a hands on owner/operator. The other franchise locations are profitable and this one can be too. Seller's are willing to entertain reasonable offers and open to a seller note for a quick transaction. Occupancy costs are under 10% however food purchases ran 37% and payroll and contract labor expense was 39% in 2020. An owner operator could get these prime costs to 60%-65% and save over $80,000 a year.

Purchasing the business entity that owns this location may be an option where all permits and licenses stay in place. The seller will entertain carrying some of the note but prefers an all cash deal.

Update:  the sellers are asking for $1,800 a month that goes towards their bank note (ask for balance) with no money down to acquire the assets and convert it to another concept.