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St. Clair County, Illinois
EXTREME PRICE REDUCTION - Successful Franchise Restaurant
Asking Price
$295,000
Revenue
Call/Email
Down
$29,500
Cash Flow
Call/Email
Name: Charlie Scarlett
Name
Charlie Scarlett
Description
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
Strong
https://tworld.com/locations/Illinois/stlouiswest/listings/EXTREME-PRICE-REDUCTION---Successful-Franchise-Restaurant
Business Details
Year Established:
2022
Employees:
18
FE&E:
$216,000
Reason for sale:
Focus on other businesses
Lease & Tenant Information
Lease Expiration:
05/31/2032
Lease Options:
$13,922
Other Information
Listing Number:
1110202-376784
Sales:
$1,491,071
Seller's Discretionary Earnings:
$58,277
Inventory:
$14,500
Posting Information
Posting ID:
ID tw:77776 / Listing Number 1110202-376784
Business Category:
Restaurants
Keywords:
Transworld
Send NDA Request
Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.
Posting Title
EXTREME PRICE REDUCTION - Successful Franchise Restaurant
Posting ID
#*4f25b71bf80b1ae3c9631c81a097d24c*77776
Full Name (Required)
Email (Required)
Phone (Required)
NDA Signed Successfully!
Your NDA has been signed and submitted. The broker will review and countersign it. Once complete, you will receive access to confidential business details.
Agent, Broker or Seller Contact
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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 Strong https://tworld.com/locations/Illinois/stlouiswest/listings/EXTREME-PRICE-REDUCTION---Successful-Franchise-Restaurant
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