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Franchise Restaurant for Sale

Salt Lake County, UT

Franchise Restaurant for Sale
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Asking Price: $300,000

Cash Flow: N/A

Gross Revenue: $845,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $7,000 /Month

Established: 2015

Franchise Restaurant for Sale

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Business Description

Please do not disturb the tenants as the business is quietly marketed.

Restaurant has a very loyal following and excellent online reviews. 2019 sales have increased 42% compared to 2018 sales. Gross sales are approximately 65k per month and 2019 sales are on track to be ~800k-900k. The 300k sales price includes the development rights to two additional stores. One half of initial franchise fee for both rights has already been paid (~$35k).

New operator can increase sales via obtaining a liquor license and expanding catering business.

Located in a very busy trade area with strong day time traffic. Surrounding area has significant additional office and residential space to be completed in the next 24 months. Store has been open for several years and has a loyal following with excellent online reviews. A fully trained staff is ready to continue operations on a day to day basis. Equipment and store front were brand new upon opening and there is very little if any deferred maintenance.

Detailed Information

Location:
Salt Lake County, UT
Real Estate:
Leased
Building SF:
1,900
Lease Expiration:
N/A
Employees:
12
Franchise:
This business is an established franchise
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Business Listed By:
David Johnson

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