MergerPlace

SW Iowa Family Franchise

Iowa


  • Asking Price: $95,000
  • Gross Income: $539,225
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $95,000
  • Listing ID: #205709
  • Established: 2010
  • Employees: 1 FT/ 17 PT

Business Description

Founded in the early 1980's, this franchise has now grown to over 200 locations in the Midwest. The subject store, opened in 2010 and has been in operation ever since. The menu consists of Pizza, Chicken, a full Salad Bar and some excellent desserts. This location specializes in buffet, carry-out, delivery as well as caterings. The store has been mostly absentee operated.
Franchising with this concept means you are going into business ‘for’ yourself, not ‘by’ yourself. With ownership comes both freedom and responsibility – the freedom to live the kind of life you and your family desire; to create the wealth you’ve dreamed about; to have the time and flexibility to enjoy both – the responsibility to be a contributing member of a successful franchise with a 30-year track record; to have an active and positive impact on your community; to maintain a positive and fostering environment for your team members and to ingrain the skills they will need to lead successful lives of their own.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Iowa

Company Information

Year Established: 2010
Home Based: No
Franchise: Yes
Relocatable: Yes
Number of Employees: 1 FT/ 17 PT

Financial Information

Asking Price: $95,000
Gross Revenue: $539,225
FF&E: $95,000
Seller Financing Available: No

Property Information

Facilities:

This business has an excellent location. Nearby businesses include two other food franchises and a large box grocery store.

Growth & expansion opportunities:

The current owner has not had adequate time to focus on this business due to other business interests. A new owner focusing 100% on this business and following the franchise marketing plan would be a "perfect recipe" for sales growth and profitability.

Competition:

The competition in this market is mature. There are two other concepts that may be considered direct competition.

Reason for selling:

The current owner would like to sell and focus on other non-competing activities.

Support & Training:

Will train for 2 weeks @ no cost. Other than local/state food permits and completing a food "serve-safe" certification there are no special skills required. The franchisor has a robust training and support system.

Contact Business Seller

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Business Listed By:

Bryan Mulder

Murphy Business Brokers