Checkers/Rally's - 9 units in California

Sale Pending

Asking Price$4,250,000

Cash Flow
$1,221,354

EBITDA$1,221,354

Gross Revenue$14,210,729

Inventory$40,500
Not included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

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Checkers/Rally's - 9 units in California


Sale Pending

Asking Price$4,250,000

Cash Flow
$1,221,354

EBITDA$1,221,354

Gross Revenue$14,210,729

Inventory$40,500
Not included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
Franchisor requires a minimum of $900k net worth with at least $350k liquid assets, or commensurate with purchase. Restaurant experience preferred but not required. Operating partner and one other person must attend 5 weeks of training- 4 weeks in the restaurant and 1 week in Tampa.
About the Business
Years in Operation
13
Employees
130
Franchise
This business is an established franchise
Facilities & Assets
All FF&E to be in good working condition prior to change over. Remodels on 7 of the units are due in 5 years. Approximate remodel cost is $150K.
Website
https://www.checkersandrallys.com/
Market Outlook / Competition
Great locations, in busy shopping areas, with many big box stores, schools, hospitals and residential properties.
Opportunities for Growth
Growth via new development or acquisition of existing units.
About the Sale
Seller Motivation
Other business interests
Transition Support
Franchisor offers 5 weeks of training.
Listing Info
ID
2309760
Listing Views
2686

Contact Seller

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Business Listed by: Emily Burns FranBizNetwork

Listing ID: 2309760 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.