Loading…

For Sale: Long John Silvers A&W - 3, 3, And 10 Units - California, California

$1,875,000.00

Asking Price

  • Status: Active

  • Posting ID: 276985

  • 11/15/22

Description

Founded in 1969, Long John Silver's pioneered the seafood quick service restaurant industry, making great tasting, sustainably sourced, and affordable seafood accessible to consumers across the country. This offering is for an entire package of ten franchises. The stores are franchisee owned; franchise agreements will be assigned to buyers with the remaining terms. This is an asset sale -- all assets will be delivered free and clear of liens.

The price does not include franchise transfer fees. The remaining term will be assigned. The price does not include approximately $103,000 in inventory or lease security deposits. Remodels will be due at Franchise Agreement renewal. The approximate cost is $150K-$300K.

These stores are recognized nationally as top-tier operationally with the highest food safety, training, and customer metrics in the system. The regional manager is a 25+ year LJS veteran. She has a tremendous work ethic, and extremely high standards, and is a great developer of people. She has steadfastly improved the profit line of the area every year since she took over the entire portfolio. She was recently honored as the Top Above Store Leader in the country.

1) Stores Bakersfield (32089), Clovis (32090), and Visalia (32091) can be sold as a package for $1,100,000.
2) Stores Yuba City (32096), Stockton (32097), and Wilson (32098) as a package for $600,000
3) Stores Porterville (32092) & Merced (32093) can be sold separately for $50,000 / each or there is an option to purchase the lease.
4) Stores Sacramento (32099) and North Highlands (32101) can be sold separately for $50,000/ each or there is an option to purchase the lease.

Disclaimer: The information has been supplied to the Broker by the Seller. Broker expressly disclaims any and all liability for representations of warranties expressed or implied, contained in such information, or for omissions from them. The broker has not verified the financials_

To get more information about this Long John Silvers A&W - 3, 3, And 10 Units business for sale in California please phone Carter Asefi (Broker - BRE License #:01245155) at 925-391-2724 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #276985 on BizBen.com. In addition to phoning Carter Asefi, make sure you email Carter Asefi above to get more info about this Long John Silvers A&W - 3, 3, And 10 Units, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01245155. FranBizNetwork .

Show more

Contact

  1. Name: Carter Asefi
  2. phone iconPhone: 925-391-2724

Details

  1. Asking Price: $1,875,000.00

  2. Down: $300,000.00

  3. Cash Flow: $493,000.00

  4. Revenue:    $9,388,743.00

  1. Area: California

  2. City: None Given

  1. Attributes:

    Broker CooperationAbsentee RunSemi-Absentee RunTraining & Support

My Notes About This Listing

1000 Character Limit. Write notes about this posting above. Just a reminder, your changes are not saved until you click the Save My Changes button.
Related Links & Information Regarding This Posting

Email Carter Asefi Below About This Posting


Today’s Featured Businesses, Franchises, Opportunities For Sale On BizBen

Featured Resources, Advisors, & Intermediaries

Popular Blog Posts & Articles On BizBen Today

Popular Discussion Posts On BizBen Today