Three Popular Franchise Restaurants #64874

The Company is an owner-operator of three franchise restaurants in which two of the locations come with the real estate and the third property is leased. Locations in a high-traffic, growing locations. Each facility is a standalone, dine-in, drive-thru, or delivery concept. The variety of eating options allows the Company to focus on servicing the different needs of customers. The individual locations are supported with a robust website and e-commerce platform, and over 250 locations around the United States building a superior reputation and brand awareness. Location: Texas Year Established: 2006 Number of Employees: 32 Real Estate: Leased Building Sq. Ft.: 3,300 Rent: $6,000.00 Per Month Facilities: Two of the locations are 3,300 sq. ft. and the third is 3,400 sq. ft. The Company serves over 40,000 customers annually Market Outlook/ Competition: • Strong Historical Sales Growth - Historical sales have grown from $3,034,000 in 2018 to $3,489,000 in the fiscal year ending December 31, 2020, representing a compound annual growth rate of 7.2%. Sales have grown consistently year-over-year in the historical period. • Rising Gross Profit Trend - The Company’s gross profit margin increased over the historical period from 40.2% of sales in 2018 to 43.8% of sales in 2020. • Strong and Growing Earnings - The Company has experienced strong growth in EBITDA, from $17,000 in 2018 to $264,000 in 2020, representing a compound annual growth rate of 294.1%. PPI’s EBITDA represented 7.6% of sales in 2020, and grew consistently year-overyear in the historical period. The Company’s EBITDA is projected to average 11% of revenue during the pro forma period. • Cash Business - The Company collects cash or similar payment at the time of the sale, reducing its reliance on external capital used as funding for its working capital requirements. Growth & Expansion: *Geographic Expansion *Expand to Other Markets