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New Listing! Established, Profitable Franchise Restaurant
Texas Restaurant Advisors would like to offer a profitable, well established national hamburger franchise restaurant in North Texas for purchase.
Gross sales in 2021 (less the PPP grant) were $1,158,517.00 while net income was $46,233.00. Adjusted net income (adding back one owner’s salary), earnings are estimated to be $86,073.00. To get the space ready for business in 2017 and 2018, the sellers spent over a $1,000,000 in furniture, fixtures and equipment and leasehold improvements.
The sellers have kept impeccable books and records and will be available for review once a buyer has completed our NDA and completed a brief buyer profile.
Listed By: Aaron Evans
Gross sales in 2021 (less the PPP grant) were $1,158,517.00 while net income was $46,233.00. Adjusted net income (adding back one owner’s salary), earnings are estimated to be $86,073.00. To get the space ready for business in 2017 and 2018, the sellers spent over a $1,000,000 in furniture, fixtures and equipment and leasehold improvements.
The sellers have kept impeccable books and records and will be available for review once a buyer has completed our NDA and completed a brief buyer profile.
Listed By: Aaron Evans
Background information
Reference:
TR1043
Year established:
2018
Reason selling:
Owners have other full-time, professional positions
Finance
Sales:
$1,158,517
Profits:
$86,073
Operations
Employees:
19
Equipment:
Included in asking price $95,000
Premises
Facility:
Approximately 2,000 square foot, inline retail space with a covered patio in an affluent area of North Texas. Equipment is in great, working condition and a buyer will be able to have it inspected before closing.
Rent and lease terms:
$7,429 per Month
Location:
Collin County, TX
Opportunities
Growth:
A new owner can expand unique impressions on social media, potentially negotiate better terms with 3rd part delivery companies and more. A marketing fee is paid to the franchisor to coordinate marketing at a corporate level, a new owner could engage at the local level.
Price and terms
Price:
$350,000
Financing:
25% Seller Financing
Training:
Seller willing to train for 30 days. Buyer may have to undergo franchisor training as well.