Description About This Posting: Franchise Restaurants
Unique 2 Franchise Operation - Profitable - Great Brand Name Recognition
Asking Price: Offered At $250,000
Location: San Mateo County
Annual Revenue: $655,349
Annual Cash Flow: $151,673
Monthly Rent: $6,586.67 All Inclusive
Listing Description: This opportunity consists of two well known & popular franchises. Currently each store is run by an experienced store manager and the owner comes to the stores each week to oversee and check on the business. The franchisors expect that a new franchisee will work full-time in the store for the first year, so the buyer will enjoy both the store manager's compensation and the owner's compensation. The buyer must apply, qualify and be approved for each franchise and then attend training. The process from application to completion takes about three to four months. One requires the buyer to complete a 4-week training session and the other requires a 3-week training session. Franchise transfer fee is $6,000 for both combined. No Broker Co-op.
Current Owner: 2013
Employees: 2 FT & 10 PT
Reason For Sale: Other Interests
To get more information about this Franchise Restaurants business for sale in
San Mateo County please phone Steve Zimmerman (Intermediary, Broker - BRE License #:01310250) at 415-945-9701 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #254688 on BizBen.com. In addition to phoning
Steve Zimmerman, make sure you email Steve Zimmerman above to get more info about this
Franchise Restaurants, to ask any questions or request an appointment to see this
business for sale, franchise, or opportunity. Thank you.
Related Links And Information Regarding This Posting
For over 25 years I have provided niche business purchase financial advisory and loan placement services with SBA and Non-SBA Loans, Retirement Plan Conversions, Private Investors, etc. Financing amounts available: $20K to $7MM. Call today to get pre-qualified or receive financing: 866-270-6278.
Professionals who understand the importance of world class business brokerage service and the value it can create. Specializing in assisting sellers and buyers with retail stores, restaurants, hospitality & lodging, manufacturing operations, distribution companies, e-commerce and service businesses.
Assisting both sellers and buyers of businesses - dealing mainly with Liquor Stores, Grocery Markets, Gas Stations, Smoke Shops, Restaurant Related, Retail Related, Service Related. Serving SF Bay Area, North Bay, Sacramento area. Call Harry Sidhu, CBB for assistance at 510-366-6130.
Liquor license brokerage and consulting services. We provide: Alcohol License Transfers Application Consulting & Processing, Liquor License Purchases & Sales, City Zoning Permits & Land Use Entitlements, Public Convenience or Necessity Findings and Letters. Phone Mike Brewer direct at 800-437-1100.
Cheryl is a business owner herself, Over 20 years bar/restaurant experience, and a law degree she's well-versed in real estate rules, regulations and best practices. She works tirelessly to create successful strategies and effective negotiations for those wishing to sell or purchase their business.
Redwood Escrow Services, Inc. is a full service, licensed independent escrow company. We are EAFC Fidelity bonded, fully insured & licensed with the Department of Corporations. Committed to offering our clients the most comprehensive variety of escrow services available. Phone Janet at 510-247-0741.
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