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Businesses for Sale: Listing Details

 
WING RESTAURANT, FRANCHISE, GREENVILLE, TEXAS
Seller: Not Available
Location: Greenville, TX, USA
Listing Number: 58393604


Asking Price: $150,000 USD USA Dollars
Industry: Food & Beverage: Restaurants, Fast Food, Deli
Reason for Selling: Change in partnership interests
Year Established: 2004
Number of Employees: 1 Full Time & 4 Part Time
Yearly Cash Flow: $75,000
Yearly Gross Income: $300,000

Overview:
Wing Restaurant, Franchise located in a growing community twenty miles east of Dallas is an awesome opportunity to take over this 3.5 year restaurant with steadily growing sales. This profitable restaurant specializes in 19 unique flavors of buffalo style wings and many other foods. This restaurant is 2,217 square feet with several televisions set up for patrons to enjoy some wings and watch their favorite sporting event. Year end sales for 2007 were approximately $262,000, with projected sales of $300,000 for 2008, and projected cash flow of $75,000. According to the franchiser, the price range to open a restaurant from scratch is $224,000 to $359,000 and the current franchisee will part with this newly established restaurant for only $150,000!

Property Features and Assets:
Located in a 2,217 square feet freestanding building.

Market Competition and Expansion:
Normal competition. Outstanding opportunity for a hands-on owner to increase net income by bringing food cost and supplies down. The current owners are not hands-on and a manager is currently running the restaurant.

Additional Details:

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