Three Established Franchised Diner/Restaurants in Middle Alabama
Business Description
This is an opportunity to acquire three established, franchised diner/restaurant locations in middle Alabama positioned for growth. Each location is performing in the fourth quartile of other franchises operations. The franchisor believes it can provide guidance for increased sales and income.
Each location is staffed with management, cooks and servers. The properties will be leased from the current owners (looking to retire), each location has a daily traffic count above 20,000.
Location #1: 1,938 sq. ft. - Established in 1999
Location #2: 1,975 sq. ft. - Established in 2005
Location #3: 1,847 sq. ft. - Established in 2019
Hours of operation are 6am-10pm on weekdays and 6am-12am on weekends.
This is an excellent opportunity for someone looking to acquire an established business, or someone looking to add onto their existing portfolio of franchised restaurants. The owners will assist with transition and the franchisor requires new owner to go through their training program.
* Lease rate listed below is reflected in 2024 SDE calculation.
Each location is staffed with management, cooks and servers. The properties will be leased from the current owners (looking to retire), each location has a daily traffic count above 20,000.
Location #1: 1,938 sq. ft. - Established in 1999
Location #2: 1,975 sq. ft. - Established in 2005
Location #3: 1,847 sq. ft. - Established in 2019
Hours of operation are 6am-10pm on weekdays and 6am-12am on weekends.
This is an excellent opportunity for someone looking to acquire an established business, or someone looking to add onto their existing portfolio of franchised restaurants. The owners will assist with transition and the franchisor requires new owner to go through their training program.
* Lease rate listed below is reflected in 2024 SDE calculation.
About the Business
- Years in Operation
- 26
- Number of Employees
- 32
- Franchise
- This business is an established franchise
- Facilities & Assets
- Three free-standing restaurants, complete with seating fixtures, cooking appliances, all necessary cookware and plate ware. Long-term lease available for each location.
- Market Outlook / Competition
- Competitor information for each location included in CIM.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 5,760
- Rent
- $3,000.00 per month
About the Sale
- Seller Motivation
- Retiring
- Transition Support
- Owners will provide transition assistance; franchisor has required training for new owner.
- Financing Options
- Well-Positioned for SBA 7(a) Loan
Listing Info
- ID
- 2365311
- Listing Views
- 736
Listing ID: 2365311 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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