MergerPlace

Fast Food & Ice Cream Franchise

Virginia (Prince William)


  • Asking Price: $199,995
  • Gross Income: $439,500
  • Cash Flow: $79,439
  • Real Estate: Not Disclosed
  • Inventory: $3,000
  • FF&E: $50,000
  • Listing ID: #211814
  • Established: 1993
  • Employees: 8

Business Description

Excellent opportunity to own a consistently profitable and established ice cream and quick service fast food franchise. This location has been established for over 25 years and is part of a well-known franchise with a robust national and global footprint. The business has a very strong brand recognition featuring a wide array of ice cream, milkshakes, sundaes, hamburgers, hot dogs, chicken, french fries, soft drinks, salads, and more!

The business is situated in an ideal market with great visibility and substantial daily traffic just off a major thoroughfare. This location is popular during both the lunchtime and dinner hours. The quick service model of snacks, treats, and desserts also make it frequently visited stop after dinner and during the afternoon hours. There are several iconic items carried by the franchise which have endured for decades and continue to be industry leaders.

After two decades of running the franchise the owner has decided it’s time to retire after a long and rewarding run. The location has seen reliable revenue and cash flow numbers over the recent years and is poised for continue success. The parent company offers a strong support model to onboard new owners into the system and recent industry data shows that franchisees in this brand earn 15% more than the national average of other franchise owners. Don’t miss out on this opportunity to be part of a well-known restaurant with significant potential for growth!


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Virginia
County: Prince William

Company Information

Year Established: 1993
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 8

Financial Information

Asking Price: $199,995
Gross Revenue: $439,500
Cash Flow: $79,439
FF&E: $50,000
Inventory: $3,000
Seller Financing Available: Yes

Property Information

Facilities:

The business occupies an 1800 sq ft space with extremely high visibility at the main entrance of the high traffic shopping center that was recently renovated and has major national tenants as anchors including a grocery store and gym. The space is leased for approx. $6,100/month and shows very well as the business has gone through renovations and upgrades which wouldn’t require the buyer to make any major improvements.

Growth & expansion opportunities:

There are several growth opportunities which are as easy as implementing a local marketing and advertising campaign, getting involved with local schools and community organizations. The next owner might consider adding delivery which the franchise is considering implementing at the individual store level.

Competition:

There is standard food competition for the area, but no other quick service restaurant has the wide array of menu offerings and long standing reputation as this brand.

Reason for selling:

Owner is retiring.

Support & Training:

Yes. The franchise provides a training program and the seller is willing to provide additional training and support.

Contact Business Seller

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Business Listed By:

Dustin Zeher

Horizon Business Brokers, LLC