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Businesses for Sale: Listing Details

 
FRANCHISE FOOD SERVICE, PRICED FOR QUICK SALE!
Seller: Attn: Win Luther
Location: Richmond, VA, USA
Listing Number: "1765-WL"


Asking Price: $200,000 USD USA Dollars
Industry: Food & Beverage: Restaurants, Fast Food, Deli
Reason for Selling: Planning for Retirement.
Year Established: 1998
Number of Employees: 1 Full/12 Part
Yearly Revenue: $500,000
Yearly Cash Flow: $110,000

Overview:
Franchise Quick Service Food Business. Almost 9 years in business at the same location. Great location in the suburbs. Lots of support from Franchise HQ. Reasonable royalties. Trained staff in place. Great long-term lease. Motivated seller is planning for retirement. Priced well below the cost of starting a new franchse locatation in a similar market. Present owner paid off $400,000 start-up loan in 5 years. Qualifies for SBA financing. Good books and records. Owner has first right to open other stores in the market area. Solid sales growth but plenty of room for improvement - focus on business catering, to-go orders, etc.

Property Features and Assets:
2,500 sq. ft. building.

Additional Details:

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