MergerPlace

Three Branded Quick Serve Restaurants

Virginia (Norfolk City)


  • Asking Price: $289,000
  • Gross Income: $756,878
  • Cash Flow: $132,751
  • Real Estate: Not Disclosed
  • Inventory: $25,000
  • FF&E: $325,000
  • Listing ID: #196571
  • Established: 2010
  • Employees: 5 FT/12 PT

Business Description

High Volume quick service location on the Norfolk Naval Station with great cash flow. This quick-service location offers a unique opportunity to own a successful high volume restaurant with three well known brands. The restaurant has tremendous upside with the opportunity of increased hours, catering, offering delivery and much more. These items have not been explored by the current owner. With three brands under one roof, the restaurant offers options for everyone. All three brands are national franchises. Since opening in 2010, the restaurant has consistently served great food at very high customer service levels. The restaurant is located on a high volume intersection with ample parking and a drive-thru. The brands have built an outstanding relationship with the US Navy. These franchises have each operated over 20 years with locations world-wide. This restaurant is a “one of a kind” opportunity and worth taking a look at.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Virginia
County: Norfolk City

Company Information

Year Established: 2010
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 5 FT/12 PT

Financial Information

Asking Price: $289,000
Gross Revenue: $756,878
Cash Flow: $132,751
FF&E: $325,000
Inventory: $25,000
Seller Financing Available: No

Property Information

Facilities:

Stand alone building with three brands under one roof. All three brands are included in the sale. The lease has multiple renewal options.

Growth & expansion opportunities:

Great franchise company and brand with unlimited potential for growth with additional locations.

Competition:

Limited competition on the base. High barrier to entry with limited competition.

Reason for selling:

Other Businesses.

Support & Training:

Will train for 6 weeks @ no cost.

Contact Business Seller

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Business Listed By:

Chris Settelen

Murphy Business Brokers