Business Summary:
The Parent Company is well-known for providing excellent food for a reasonable price and has over 35 years of operating history. The two licensed Treasure Valley locations have only been open a short time but already have a faithful following of satisfied customers. One location opened in October of 2008 and the other location was opened in February of 2010; both locations continue to thrive in 2011.
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| Facilities / Terms of Lease:
The locations are in excellent high traffic areas with good visibility and easy access. Location 1 rents for $ 5,896 per month with a ten year lease in place; Location 2 rents for $2,900 per month and also has a ten year lease in place.
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| Potential
Growth/Expansion:
The ideal buyer would be any entrepreneur interested in purchasing a good cash flowing business.
Considering the immediate success of the business a new owner may wish to open other new locations in the geographic area as allowed by the Parent Company.
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| Competition:
The obvious strength of this opportunity is the instant name recognition and quality food for a reasonable price. The cook-to-order format ensures a fresh and superior product. The success of the locations is a testament to the local following for this nationally branded format.
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| Reason for selling:
The owner lives out of the area and although the restaurants are very successful he would like to sell now to pursue other interests closer to home.
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Seller Reference Number: BB4269
BusinessMart.com Listing Number: 103753 |
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