$799,000.00
Asking Price
Status: In Escrow
Posting ID: 290553
2/9/25
Description
SALE IN ESCROW
Here is a rare opportunity for an experienced restaurateur to take over the reins of an exceptional set of Quick Serve Restaurants with an appealing and proven concept!
These restaurants operate under a franchise brand with name recognition and with low royalties at 6%. This would be a great business for someone with some restaurant experience in their background looking to own either a single store or a package of two to start or expand their business portfolio. The Franchise is easy to work with and offers structure, support, built-in name recognition and ease of operations. The concept offers a curated classic American grill menu with value-pricing that translates to strong sales representing a good balance between dine-in, grab and go, and delivery.
These restaurants benefit from locations in regional retail centers with busy stable anchor tenancy that boost foot traffic. The surrounding areas have dense populations with high average household income approx $120k.
The first location is approx. 1357sf with seating for approx. 42. There is a favorable Lease in place through Feb 2026 + Options with Total Rent approx. $5032/mo.
The second location is approx. 1357sf with seating for approx. 30. There is a favorable Lease in place through Aug 2028 + four 5yr (20yrs) Options with Total Rent approx. $5758/mo.
Each location has a Hood/Ansul with large grills, walk-in freezers, refrigerators, and everything else you need to support fast high-volume service.
These businesses are each profitable and run by a seasoned crew with a FT Shift Leader and 5-8 staff in each location. The Owner is mostly absentee spending about 10 hours a week on admin type duties. The owner is pleased with the success of these long established and profitable shops but is selling now in order to fully retire. The Buyer will be required to be approved by the Franchise and complete approx.4 weeks of training (local), and there is a transfer fee of $12,500 per shop.
The 2024 Sales were Combined $1.978Mil with EBITDA $193k.
Offered as a 2 location Package at a discount Asking Price $799,000.
Shop #1 2024 Sales $1.042Mil with EBITDA $116k or SDCF $164k.
Shop #1 Asking Price $485,000 as a single location.
Shop #2 2024 Sales $935k with EBITDA $76k or SDCF $124k.
Shop #2 Asking Price $365,000 as a single location.
Interested? This is a confidential listing so registration with NDA is required to receive further details.
We look forward to talking with you about this exciting opportunity!
To get more information about this Quick Serve Franchises - Package Of 2 Profitable business for sale in Solano County please phone Tricia Bernhardt (Broker - BRE License #:01168790) at 916-482-7979 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #290553 on BizBen.com. In addition to phoning Tricia Bernhardt, make sure you email Tricia Bernhardt above to get more info about this Quick Serve Franchises - Package Of 2 Profitable, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01168790. Restaurant Exchange.
Contact
Details
Asking Price: $799,000.00
Down: Call/Email
Cash Flow: $193,000.00
Revenue: $1,978,000.00
Area: Solano County
City: None Given
Attributes:
My Notes About This Listing
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