9-Location National Franchise QSR - Absentee Owner
Not Disclosed, MT Not Disclosed
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- RE: 9-Location National Franchise QSR - Absentee Owner
- Contact: Charlie Watters
Quick Facts
| Asking Price: | $1,899,000 | |
| Annual Revenue: | $4,702,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $456,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $1,350,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2001 | |
| Employees: | 70 | |
| BBN Listing #: | 988530 | |
| Broker Reference #: | 60356-926230 |
Business Overview:
Consistent and profitable 9-location QSR for sale in Montana. Stores are located in a centrally geographic area. The stores have been under the same management for over 20 years. The sellers are located out of state and responsibilities are limited to the stores' operations. There is a current district manager who manages the day-to-day operations. One of the sellers provides analytics and can be replaced by a controller/bookkeeper.
The combined P&L is spotless, with very little fluctuations year-over-year. Three of the stores are located in international big box retail wholesaler locations. The sellers also own the building in one of the locations. The building is not part of the listing price but can be added.
The National Franchise has gone through an ownership change, and higher expectations in market share is their driving mission. The owners live out of state and feel it is time to sell what has been a wonderful investment/company they have enjoyed owning for over 20 years. This is a solid investment which is set up for absentee ownership and a fresh look at managing it differently.
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Property Features and Assets:
Stores vary in location. Three inside National Wholesale locations, one is owned by sellers, and remaining are in strip centers.
Locations have been in existence for 23 years and has been a good investment for the sellers. The sellers moved out of state six years ago and have run the business remotely for the past six years.
Market Competition and Expansion:
The franchisor ownership was recently sold. The new owner of the Subway Franchise has other QSR in their portfolio, and it is feasible the new owner would house two of their brands under one roof similar to how other national franchises have introduced. Also, excitement about new menu items are increasing sales at the individual locations.
Reason for Selling:
retirementAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
Relevant Links:
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