MergerPlace

Breakfast & Lunch Franchise Restaurant

Ohio (Lake)


  • Asking Price: $349,000
  • Gross Income: $950,000
  • Cash Flow: $133,000
  • Real Estate: Not Disclosed
  • Inventory: $12,000
  • FF&E: $36,000
  • Listing ID: #209030
  • Established: 2015
  • Employees: 18 PT

Business Description

Price Reduced! Beautiful, well operated, Breakfast and Lunch family style restaurant franchise in a high traffic shopping plaza. Established crew including shift leaders and cooks. VERY CLEAN! This business has been well cared for by the owners who have invested heavily in the operation. Closes early, no evenings, which is a real time benefit for the owners. Solid sales with room for growth. A strong owner operator could do a fantastic job here but it is possible that an owner could be somewhat absentee. Owner is highly motivated to sell.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Ohio
County: Lake

Company Information

Year Established: 2015
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 18 PT

Financial Information

Asking Price: $349,000
Gross Revenue: $950,000
Cash Flow: $133,000
FF&E: $36,000
Inventory: $12,000
Seller Financing Available: Yes

Property Information

Facilities:

The leased building is an out-lot shared with one other tenant and closer to the street than the other parts of the shopping plaza. Everything is in great condition and very clean. Landscaping is well cared for. Parking is ample. Beautiful patio out door eating area.

Growth & expansion opportunities:

With continued service, quality and marketing efforts, this business should be able to grow it's revenues. It is possible that the franchise may permit the business to serve in the evening. Opportunities exist for evening catering events held in the facility. This is a franchise, therefore the best way to grow is to open a new location in another city nearby.

Competition:

Competition is typical for the industry, about average.

Reason for selling:

Have other investments and are taking care of elderly parents.

Support & Training:

Buyer will need to be accepted by the franchise representatives as well as the landlord. Training Period is negotiable based on the specific needs of buyer and seller.

Contact Business Seller

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Business Listed By:

Bill White Jr

Murphy Business Brokers