MergerPlace

Burger Franchise in Hot Market

Maryland (Frederick)


  • Asking Price: $124,995
  • Gross Income: Not Disclosed
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $120,000
  • Listing ID: #203280
  • Established: 2016
  • Employees: 8

Business Description

Great opportunity to own an award winning and well-known fast casual gourmet burger restaurant in Frederick, MD or convert to a concept of your own. The franchise is renown throughout the Baltimore-Washington area for their high-quality burgers as well as other specialty menu items. The franchise has made their name by providing delicious cooked to order food, a variety of tasty sides, and milkshakes made with real ice cream. Past accolades include being named the #1 burger by the Washington Post and Washingtonian Magazine.

The restaurant is in a 2,257 sq ft retail space in a modern, upscale shopping center/town center located in a growing market. The center attracts a variety of customers from all over the area and is conveniently located off a major thoroughfare. There is a good blend of businesses and residential areas immediately surrounding their location, which has enabled them to enjoy steady lunch and dinnertime traffic.

This is a great opportunity for an established restaurateur to expand an existing operation or for someone new to the industry to get started without the headaches and high costs of building a restaurant from scratch. The current owner has several business interests and has decided to consolidate his holdings to concentrate on his other interests. The franchise is part of a respected and growing brand, so don’t miss out on the chance to become part of this successful business or turn it into a concept of your own!


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Maryland
County: Frederick

Company Information

Year Established: 2016
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 8

Financial Information

Asking Price: $124,995
FF&E: $120,000
Seller Financing Available: No

Property Information

Facilities:

The restaurant operates out of a 2,257 sq ft retail space in a modern and upscale shopping center. There are 56 seats and over $500k was invested in the build out of the space about 2 years ago. The current lease rate is about $10 per sq ft below market which makes this an incredible deal!

Growth & expansion opportunities:

There are numerous areas for growth and expansion as the owner spared no expense in design and construction of the space. The brand has strong presence in the area and is poised for continued growth and expansion. A new owner would want to consider a new marketing/advertising campaign to create awareness and work with local businesses, organizations, and community groups to boost catering sales whether keeping it the same Burger Franchise Concept or implementing their own concept.

Competition:

Standard competition in the industry and area. The restaurant stands out in the area as one of the top fast casual options.

Reason for selling:

Seller will provide necessary training and support.

Support & Training:

Seller will provide necessary training and support.

Contact Business Seller

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Business Listed By:

Dustin Zeher

Horizon Business Brokers, LLC