3 BRAND NAME RESTAURANTS FOR SALE
Seller:
Attn:
Marian Andreescu
Location:
Middle TN, TN, USA
Listing Number:
"N700"
Overview of the Business:
With 250 plus locations these popular restaurants can be found throughout the highways and byways of America. They are all about friendly service, southern hospitality, and enthusiasm. It is a full service restaurant that is a National Franchise Chain. There are three locations included with this sale. Two out of three locations are owned by the seller and will be leased to the buyer at a negotiated cost before closing. These three locations can practically run themselves. There are key managers in place to keep everything running smoothly and efficiently as possible. Great opportunity to own one of the most well known and long standing franchises out there! The corporation is not currently offering franchises for sale so this is the only way to own these restaurants.
Property Features and Assets:
The owner owns two out of the three buildings. She will lease them at a negotiated price to be decided before closing. The other location already has a lease in place at $5,572 per month. This lease expires in 2015 with an option to renew. Two of the locations consist of 6,400 square feet, while the other location is 6,200 square feet. All locations have great curb appeal from the road. Currently the owner is seriously considering an additional location for expansion in Middle TN.
Market Competition and Expansion:
There is not much competition for a restaurant like this. They have an advantage because they have been around for so long and they have become a well known brand for practically everyone in the South.
Additional Details:
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