Semi-Absentee Burger Franchise In CT
Not Disclosed, CT Tolland County
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- RE: Semi-Absentee Burger Franchise In CT
- Contact: Ken Stein
Quick Facts
| Asking Price: | $550,000 | |
| Annual Revenue: | $1,240,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $120,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $500,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | 12 | |
| BBN Listing #: | 980579 | |
| Broker Reference #: | 15288 |
Business Overview:
A great opportunity to purchase a highly profitable, well-respected Burger Franchise in Connecticut. The store’s location has TREMENDOUS visibility in a very high traffic site and consistently generates $1.2-$1.3 million in annual sales. The current owners have other businesses and cannot devote much attention to this store. The store was established in 2017 and has huge potential for much higher sales and profits if it is operated by a more involved hands-on owner. Long-term lease and franchise term makes this an excellent long-term investment. An assumable EIDL loan in the amount of $ 207,000 at 3.75% interest rate for 30 years is in place which makes it very attractive. Please refer to Listing 15288 when inquiring about this opportunity.
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Additional 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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