If you are seeking to get on board with a fast growing Hot Dog Franchise based in Southern California then now is the perfect time to take advantage of this opportunity.
The listing # 172586 Hot Dog Franchise - Orange County below is currently OFF THE MARKET due to that it is either in escrow at this time or has recently been sold. For more businesses for sale that are like this Hot Dog Franchise in Orange County please see a sample of BizBen active listings below and links to all similar listings on BizBen.com. If you are interested in receiving more listings like the one above when they come on the market in the future please phone Peter direct at BizBen - 866-270-6278.
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HOT DOG FRANCHISE IN ORANGE COUNTY
If you are seeking to get on board with a fast growing Hot Dog Franchise based in Southern California then now is the perfect time to take advantage of this opportunity. The Franchisor has made this very successful and well established company owned store available for the right buyer and new franchisee. The savings alone on a new store could literally be over 200k to build a new store. The sales have been pretty consistent from 2009 to 2011 in the 500-550k range. One of the huge upsides is that the sales in 2008 were 673k before the recession hit so the potential is there to get back to a high level. The royalties are 5% but the Franchisor will offer a 3% royalty for a new franchisee for the first year. The store has been operated by a manager and very solid staff so a new buyer will have the opportunity to lower costs and expenses. The location is in a very busy and well known shopping center in Central Orange County surrounded by many of the top name chains and franchises. The Franchisor will also offer the opportunity for the buyer to purchase a territory to add multiple stores. The best feature about the business, hands down is the product including Specialty Dogs, Sausages, Burgers, Salads, Sides, Fries, as well as Beer/Wine license. A new Buyer will need good credit, financials, and some type of food related experience to be approved by the landlord
Facilities: Excellent location in very well know and visible shopping center. The space is 1,100 sq. ft and has outside seating.
Growth and Expansion: The Franchise will offer excellent support due to being located here in Southern California and this is an opportunity to get in with a fast growing company and the ability to secure additional stores
Support/Training: Franchise-3 weeks
Reason Selling: The franchisor is selling a company store in order to build the Franchise
Year Established: 2003
Employees: 4 ft & 4 pt.
Owner has been there over 8 years.
Size: 3000 sf Rent: 3000 a month 13 part time employees.
4 years and 10 years option remains
Average gross sale 51,000 a month Net income 9000 to 10,000 a month
Owner works 3 to 4 hours a day only week days, not working on Wednesday & Saturday.
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