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Highly profitable restaurant w/food truck and AU concessions contract!

Auburn, AL (Lee County)

Highly profitable restaurant w/food truck and AU concessions contract!
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Asking Price: $349,000

Cash Flow: $169,237

Gross Revenue: $670,826

EBITDA: N/A

FF&E: $120,000

Inventory: $6,000*

Rent: $2,200 /Month

Established: 2005

*not included in asking price.

Highly profitable restaurant w/food truck and AU concessions contract!

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Business Description

AU Game Days are peak days so don't miss this opportunity!!

PRICE REDUCED!! Established 14 years ago and located on one of the busiest roads near Auburn University this thriving and highly profitable restaurant franchise has benefited from an ongoing contract with Auburn University for the past 4 years (including the rights to concessions stalls inside the local football stadium). Only on the market due to retirement, a new owner could definitely continue to build on the good branding and excellent reputation of the business by adding another food truck and winning more commercial contracts.
With seating for approximately 52 customers and ample public parking this is a fantastic opportunity to purchase a stable and well-established turn key franchise in an outstanding location.

BUSINESS HIGHLIGHTS
Prime location and 14 years of goodwill! High traffic location near student housing and tailgating areas. Stable history of profitability. Excellent reputation and branding – known for its quality product!

Detailed Information

Location:
Auburn, AL
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,400
Lease Expiration:
11/1/2020
Employees:
9
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
Seller will ensure handover and training period. Master Franchisor will also train.
Reason for Selling:
Retirement
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(from currently available funds)
 
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Rebecca Walker-Jones

Business Listed By:
Rebecca Walker-Jones

OLD Inc Business Brokers

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