Business Summary:
The dine-in/take-out, casual, franchise restaurant has been in the same location for over 30 years with approximately 34,000 loyal customers per year. The current owner opened for business in 2012. April thru September are the busiest months with revenues dropping 10-20% October through March. The franchise is a distinctive food service facility based upon a specific and distinctive family of specialty foods and beverage items.
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Year
Business was Established: 1971 |
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Number of Employees:
3 FT/10 PT |
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Facilities / Terms of Lease:
According to county records, the sq. ft. of the building is 1,334. The facility and equipment within the Business meet the high standards of the franchisor. The leased, free-standing building is located on a busy highway with easy accessibility and plenty of parking. |
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Potential
Growth/Expansion:
The market trend for this product is in a growth mode and since the Company and brand have been well known for over 10 years, the Company is set for growth. Adding to the existing marketing, the buyer could increase advertising through TV, radio and direct emails. Catering, fundraising and developing the rewards program are areas where additional streams of revenue could occur. The Franchisor's extra coaching and training programs are available to assist the owner franchisee in increasing the bottom line. |
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Competition:
Competition includes the general public and many national, regional and local businesses offering similar products and services. The Competition may also include other outlets selling similar products, supermarkets, convenience restaurants and specialty food item restaurants. Competition may include Franchisor products sold through other channels of distribution (such as supermarket sales, the internet, and other venues). |
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Owner
willing to finance:
Lender pre-screened with $15K down. |
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Reason for selling:
The owner is retiring. |
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Seller Reference Number: 8101-18141
BusinessMart.com Listing Number: 305758 |
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on this business
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