Flame Broiler Franchise - Two(2) Store Package - Absentee Ownership

, California 31 views 0 favorites

Financial Highlights
Asking Price
$225,000
Revenue
$807,521
Business Description

Great opportunity to own, well-established, short hours, easy operations, absentee run, two(2) store package, Flame Broiler Franchise. Please note, that these Flame Broiler Franchisees is located in premium trade areas, inside a large shopping centers, on a major busy street with multiple major brand name stores as anchor tenants, providing subject businesses with a high volume of vehicle as well as foot traffic. Seller has moved out of State, therefore, upside potential resulting in a higher bottom line may be realized for an owner operator as these businesses are predominantly employee run. Seller is 100% absentee and has not set up online delivery. Seller allocates minimal time and resources on these businesses, therefore an energetic new buyer may generate additional revenues by devoting necessary time and resources on business operations. Current owner expends little to none on local advertisement and marketing. As of current these businesses do not offer delivery service. Clean and verifiable gross sales volumes allow for an incoming buyer to acquire subject business with utmost confidence. Revenues F.Y 2021: $ 807,521.00 NET/SDE After Add Backs: $38,611.00 SELLER was predominately out of state in 2021 resulting in very high payroll expenses and a lower than 2020 NET Profit. Revenues F.Y 2020: $786,536.00 NET/SDE After Add Backs: $ $111,417.00 Revenues F.Y 2019: $862,603.00 Revenues F.Y 2018: $887,209.00 Premises Leases: Current Lease Expires: 2023 & 2024 Options: 5+5 Absentee seller, short hours, easy operation with upside growth potential for an owner/operator presents a great acquisition opportunity. Acquisition of Flame Broiler Franchise is subject to corporate approval of the incoming buyer. All inspection and viewing of “Back of the House” are by appointment only. Location: San Bernardino County, California Franchise: Yes Facilities: Victorville Area, San Bernardino County, Inland Empire, Southern California.

Business Details
Industry:
Automotive & Boat
Real Estate Included:
No
Assets Included
Inventory Value:
$10,000
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 22, 2022

Updated: 8 hours ago

Views: 31

Favorites: 0