Restaurant Franchise For Sale
Location Maryland,United States
Asking Price Range < $250K
Gross Revenues $930000
Net Profit / Cash Flow $150000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1995
Number of Employees 10 - 19
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training Yes.
Reason for Sale Other business interests.
Description This is the premier restaurant franchise for sale. Up and coming this franchise has an excellent reputation and the location is in an upscale section of Montgomery County. Rent is only $8,500/month and that includes CAM, taxes and insurance. Lease expires in 2013. 1957 sq. ft. 7 FT and 7 PT employees. Payroll averages about $24,000/month and that does not include the absentee owner\'s salary. This location is 100% absentee owned. Same location/owner since 1995. Currently employees 3 managers. Perfect opportunity for an owner operator to come in and replace one or two managers for an extra net of $75,000/year. This seller is SUPER motivated and asks to BRING ALL OFFERS!
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