EXTREME PRICE REDUCTION - Successful Franchise Restaurant
Business Description
If you have ever dreamed of owning and running a successful restaurant in the St Louis suburbs with the support of an established franchise and without the expense, risk and headaches of startup, this is a great opportunity for you. The sellers have invested nearly $900,000 to build this restaurant and they are willing to sell it for $295,000 so they can pay down debt and focus on their other businesses. It is currently operating with virtually no owner oversight and it needs hands-on management to optimize growth and profitability. This turnkey restaurant has already been through the difficult and expensive startup process and is poised to realize immediate cash flow and significant growth and profitability. Achieving $1.5 million in revenue during its first year demonstrates the strength of its brand, its products, community support and potential. When adjusted for discretionary allocations and owner benefits, first year cash flow exceeded $66,000. Normalized for standard COGS and removal of 2022 expenses paid in 2023 (cash basis), cash flow exceeded $148,000. Growth and cost savings opportunities abound.
For more information, contact Charlie Scarlett listing agent with Transworld Business Advisors at 636-400-5406, cscarlett@tworld.com or our office at 636-400-6100 stlwest@tworld.com
For more information, contact Charlie Scarlett listing agent with Transworld Business Advisors at 636-400-5406, cscarlett@tworld.com or our office at 636-400-6100 stlwest@tworld.com
About the Business
- Years in Operation
- 3
- Employees
- 18
- Franchise
- This business is an established franchise
- Facilities & Assets
- Lease Terms Options: Four 5-year options
FF&E Overview: Mostly new equipment and leasehold improvements
FF&E General Condition: Excellent - Opportunities for Growth
- Strong
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 3,800
- Rent
- Not Disclosed
- Lease Expiration
- 5/31/2032
About the Sale
- Seller Motivation
- Focus on other businesses
- Transition Support
- Number of Weeks Seller Will Offer Training: 4
Listing Info
- ID
- 2214491
- Listing Views
- 1736
Listing ID: 2214491 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.
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