November 22, 2009
 
 
IHOP Restaurant Franchise  •  $399,000

Location: Tulare County
Seller: Iqbal Hussain
Phone: 818-627-1169, Fax 818-670-7846
 
 
About This Business
BizBen Ad #: 143910
Status: Available
Start Date: 10/28/09
Last Revised: 12/31/69
Location: Tulare County
County: Tulare
City: Not Provided
Contact Information
Seller or Contact: Iqbal Hussain
Primary Phone: 818-627-1169
Alternate Phone: Fax 818-670-7846
Email: infobizworld@yahoo.com
 
 
Financial Information
Asking Price: $399,000
Down Payment: $399,000
Annual Cash Flow: $138,802
Annual Revenue: $1,264,000
Detailed Information
Franchise: Yes
Relocatable: No
Home Based: No
Real Estate Included: No
Broker To Broker Cooperation: Call
 
 
Business Summary
This Ihop Franchise Restaurant Is Located On The Busiest Street. Due To Increased Development On That Blvd, Cal Trans And City Has Decided To Widen The Highway From 4 Lanes To 6 Lanes. The Project Is Expected To Complete By Summer 2009.It Is An Excellent Location With Great Potential As The Traffic Shall Increase Upon Completion Of The Expansion Of Highway.

Sales Reached 1,445,ooo In 2006,remained Similar In 2007 To 1,412,000.In 2008 Sales Were 1,264,000 Mainly Due To The Widening Of The Blvd, As Access To Blvd Was Limited .Weighted Average Sale Is Approx 1,343,500/-./-.The Current Owner Works Part Time; New Owner Can Operate Business To Increase Efficiency And Profits!this Restaurant Is Approx 3hrs From Downtown La\.

Remodeling Of The Restaurant Was Performed In 2006 And The Next Minor Remodel Is Due In 2011.

Ihop Restaurants Are One Of America's Favorite Restaurant Chains With 1,328 Locations In The Continental United States, Virgin Islands, Canada, And Mexico. Ihop Has Rapidly Become The Quintessential Family Restaurant With Its Award Winning Pancakes, Omelettes, And Other Breakfast Specialties As Well As Their Lunch And Dinner Menu. This Profitable Nationally Recognized Restaurant Is An Opportunity Not To Be Missed!confidential Business Information Provided To Qualified Buyers.Buyer Should Have Minimum Net Worth Of 1 Million With 300,000 In Liquid Assets. New Owner Must Be Qualified By Franchiser.Seller Financing Available Oac.
For Further Info Please Contact Iqbal Hussain. E-Mail: Infobizworld@yahoo.Com.
Phone Number: 818-627-1169. Fax Nda At 818-670-7846.