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Established Franchises - Business for Sale Details

 

FAST FOOD MEXICAN RESTRAUNTS

Seller: Attn: John Harris
Location: Wichita, KS, USA
Listing Number: "0925"


Asking Price: $244,000 USD USA Dollars
Industry: Food & Beverage: Restaurants, Fast Food, Deli
Reason for Selling: Retirement
Year Established: 1988
Yearly Revenue: $1,365,000
Yearly Cash Flow: $100,000
Yearly EBITDA: $NA
Yearly Net Profit: $100,000
Yearly Gross Income: $NA

Overview of the Business:

Four fast food Mexican restaurants have been put on the market as the owner wants to retire after many years of profitable ownership. These are franchised locations, with the franchisor having been in business for many years. Locted in south central Kansas.


Property Features and Assets:

All assets are included. The real estate is owned in 3 of the location. In the 4th location, the building is owned however there is a ground lease. Real estate may be purchased for an additional $495,000. Or, the seller will continue as the landlord with a $60,000 per year rent for all locations. (Note, this rent factor has been calculated in the cash flow shown above. Approx. $100,000 per year cash flow after rent has been paid!


Market Competition and Expansion:

Business is doing well. With the slow economy, customers are not eating at the other restaraunts as much but have moved over to the fast food community it would seem.


Additional Details:


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