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For Sale: Flame Broiler Franchise - 2 Units, Absentee Run - Victorville

  • Status: Off The Market

  • Posting ID: 272255

$80,000

Asking Price

Victorville Flame Broiler Franchise - 2 Units, Absentee Run Business For Sale

Status Of This Posting

NOTE: This BizBen Posting #272255 Flame Broiler Franchise - 2 Units, Absentee Run in Victorville is currently INACTIVE Today (Either: It's In Escrow, It's Sold, or Is Off The Market Temporarily) - Please See Today's ACTIVE Postings below that match this posting's attributes. For your convenience there are also helpful links below to assist you in your search to buy or sell a small to mid-sized business that matches your criteria. Thank you for using BizBen.com.

Description

For sale is a great opportunity to own a well-established, short-hour, easy operatios, absentee-run, 2 store package Flame Broiler franchise. Please note that these Flame Broiler franchisees are located in premium trade areas, inside a large shopping centers, on a major busy street with multiple major brand name stores as anchor tenants, providing subject businesses with a high volume of vehicle as well as foot traffic.

The seller has moved out of state, therefore, upside potential resulting in a higher bottom line may be realized for an owner operator as these businesses are predominantly employee run. The seller is 100% absentee and has not set up online delivery. The seller allocates minimal time and resources on these businesses, therefore an energetic new buyer may generate additional revenues by devoting necessary time and resources on business operations.

The current owner expends little to none on local advertisement and marketing. As of current, these businesses do not offer delivery service. The clean and verifiable gross sales volumes allow for an incoming buyer to acquire subject business with utmost confidence. The seller was predominately out of state in 2021 resulting in very high payroll expenses and a lower than 2020 net profit. This business is offered as an asset sale at this price point.

Acquisition of Flame Broiler Franchise is subject to corporate approval of the incoming buyer. All inspection and viewing of 'Back of the House' are by appointment only.

Revenues F.Y 2021: $ 807,521.00
NET/SDE After Add Backs: $38,611.00

Revenues F.Y 2020: $786,536.00
NET/SDE After Add Backs: $ $111,417.00

Revenues F.Y 2019: $862,603.00
Revenues F.Y 2018: $887,209.00

Current Lease Expires: 2023 & 2024
Options: 5+5

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Details

  1. Asking Price: $80,000

  2. Down: $40,000

  3. Cash Flow: Call/Email

  4. Revenue:   $807,521

  1. Area: Victorville

  2. City: Victorville

  1. Attributes:

    Broker-Broker CoopAbsentee RunSemi-Absentee RunFinancial AssistanceTraining & SupportOwner Financing

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