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Businesses For Sale   >>   Absentee Businesses For Sale   

Well Established Restaurant - Well Known Franchise

Location  Virginia,United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $1600000
Net Profit / Cash Flow  $235000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2005
Number of Employees  10 - 19
Inventory  825000
Relocatable  Not Disclosed
Number of Employees  10 - 19
Real Estate  Leased
Training  2 weeks
Reason for Sale  Other interests

Description  
- Are you looking for 20-25% stable return on your investment? - Are you acquisition-minded corporation, strategic investor, or absentee owner? - Are you looking for stable $265,000+ income every year for rest of your life? Well Established profitable franchised restaurant for sale. Since last 15+ years this franchised restaurant has developed tremendous brand strength and an extremely loyal following here in the Greater Richmond VA. With a net Cash Flow in excess of $265,000 this business offers tremendous steady earning potential. Owner is semi-absentee handling only the accounting portion, working five hours a week or less. Business employs full-time managers and part-time employees. Turnover is low for the industry and training time is minimal due to efficient and simple processes. The asking prices is just $1.2MM for well-established business making $265K for an absentee owner since last 15+ year. The new setup cost over $1,500,000. Don't let this rare opportunity pass you by! There is very little more to ask for call Rupesh at 804-545-0670 or email for more information.


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