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Businesses For Sale   >>   Absentee Businesses For Sale   

Hamburger Franchise

Location  Texas,United States
Asking Price Range  < $250K
Gross Revenues  $666754
Net Profit / Cash Flow  $85895
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  2011
Number of Employees  10 - 19
Relocatable  No
Number of Employees  10 - 19
Real Estate  Leased
Training  Franchise corporate has training but owner will also train for smooth transition of 2 week and 2 week on call support.
Reason for Sale  Owner has several restaurants and cannot focus and give 100% on this burger restaurant. This location is very far from current home.

Description  
Hottest Franchised & 100% Real Fresh Hamburgers restaurant are now for sale. This is national hottest burger place located in plaza where new developments, major grocery market and High School are located next to the plaza. This Real American Hamburger Franchise is very clean, very friendly, family environment with awesome fixture, furniture and top of line equipments and ready to launch strong. The best part of this awesome franchise burger have simple menu with 100% fresh American beef, fresh baked buns, daily cut fries, custom shakes and build your own burger by customizing. Opened this location end of March 2011, gross sales about $570,000 and in 2012 sales were about $760,000 but in 2013 gross sales dropped to about $650,000. Reason for sales dropped tremendously in 2013 because had internal issues with General Manager and also, bad icy winter affected some sales in Nov. and Dec. during holiday seasons like other business in DFW. Currently in 2014, these location sales have been increasing after previous general manager and still operated as owner's absentee and have higher potential to grow with new owner as manager or operating the location as full time bases. Current owner invested about starting cost $350-450k in this business about 3 years ago and looking to sell the location because current owner have hand full with other restaurants businesses and cannot manage 100% to this burger restaurant. Don't miss out in this perfect opportunity. For more info, please call Young Cho at 1-866-519-2421 Ext. 201. Asking: $239,000 Furniture, Fixtures & Equipment: $300,000 (Included in listed price) Inventory: $5,000 (Included in listed price) Financing: 100% at closing Facilities: Located in shopping center in new developed area Competition: 2 direct burger competitors in this location but when it comes to uniqueness, freshness and reviews are much higher than other fast burger places in the area. They are also, very high demand of Burger places ...


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