Profitable Burger and Fries Restaurant
Location: Chester County, Pennsylvania
Financial Information
Asking: $175,000
Gross: $362,956 (Last 12 Months)
Cash Flow: $136,361 (Last 12 Months)
Furniture, Fixtures & Equipment: $123,000
Inventory: $5,000 (included in price)
Summary Description
Price drop to $125,000 for an offer made by December 15, 2011! Amazing opportunity
to purchase a highly profitable owner absentee burger and fries restaurant.
These are the best burgers on the Main Line as only the finest and freshest
ingredients are used. All food is cooked to order eliminating traditional
waste issues. A true testament of the business model, this business has established
high profit margins and cash flow from day one. You will have a hard time
convincing yourself that this is not a franchise because of its professional
signage, ambience and efficient processes. This location can seat 44 people
inside and 12 people outside. An ambitious owner operator could turn this
business into the next big burger franchise. Sales for this business should
only increase as the word gets out about its fantastic food, friendly staff
and competitive prices. All of the equipment for the business is brand new
and comes with the manufacturer's warranty. It comes with two point of sale
terminals loaded with unique software that was specially designed for this
business. In short time, the business has established several commercial catering
accounts that produce reoccurring revenues. In addition to word of mouth,
a new owner could grow this business by soliciting new commercial catering
accounts, by adding delivery and by being an active owner operator. An owner
operator should be able to increase sales as the current owner is absentee.
Please contact Doug Whalen, Esq. at Esquire Business Brokers to setup a showing.
Visit www.esqbb.com for the status of this and other listings.
General Information
Facilities: Everything is brand new with manufacturer warranties. The
restaurant consists of 1250 sq/ft, a patio and a large basement for storage.
The business seats a total of 56 customers. There are 4 years left on the
lease with a 5 year option to renew. The rent of $2,900 does not increase
over the next 4.5 years.
Competition: The only made to order burger place in the immediate area,
with the exception of full service restaurants. Owner has negotiated a restrictive
covenant with the landlord which prohibits the sale of burgers and fries for
any new tenant in the shopping plaza.
Growth and Expansion: This business has been extremely profitable in
its first year of operation with an absentee owner. A new active owner operator
should be able to capitalize on the current success and grow the business
to the next level. The word is only just getting out about this place.
Support/Training: The owner is willing to train a new owner to ensure
a smooth transition.
Reason Selling: Family Issues.
Year Established: 2010
Employees: 4
Contact Information
Contact: Doug Whalen, Esq.
Phone: 610-551-9733
Email: dougw@esqbb.com
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