Listing ID: 67690
Burger Franchise For Sale In Tampa Florida With Sales over $660K With Sales Trending Upward In This Absentee Owned Franchise!
This manageable 2100 square foot Franchise for Sale is perfect for an owner operator wanting to get into a well established turn key opportunity. All the hard work is done as the current owner established a great location and has built a loyal customer base already in place. With sales at $660K and growing and a lease in place in place until 2030 with a growing franchise there for support this Franchise Restaurant for Sale won’t last long.
This Burger Franchise for Sale by We Sell Restaurants has been voted best burger by many news outlets and by local communities alike! It is a growing chain that is garnering many new fans along the way! With a menu that consists of made to order speciality burgers, chicken sandwiches, salads and world renowned fries and shakes there is something for the whole family! With ample seating inside and out and a fully equipped kitchen that includes a hood system, walk-in, grill, griddle, fryers, milkshake maker…everything you need to take this profitable and fast-growing brand to the next level. Don’t miss out, this Burger Franchise for Sale is the perfect opportunity for an owner operator.
This Burger Franchise for sale is located in the heart of a high traffic highly desired area just off the Bayside connector and with multiple big box users directly across the street! The residential areas surrounding the restaurant are some of the most sought after areas in all of Tampa! This Franchise For Sale is an asset sale so no books or records will be provided. Why go spending resources on a build out and new equipment when this restaurant already has it all? Everything you need to get immediate return on your hard work, creativity and passion. Take advantage of this Burger Franchise Restaurant For Sale today and start controlling your own destiny.
- Asking Price: $99,000
- Cash Flow: N/A
- Gross Revenue: $663,758
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: 2017
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:2,100
- Lot Size:N/A
- Total Number of Employees:22
- Furniture, Fixtures and Equipment:N/A
Includes all equipment necessary to operate this Burger Franchise Restaurant
High Traffic Big Box Draws
Room for Growth
This Business Is An Established Franchise
The business was established in 2017, making the business 5 years old.
The company has 22 employees and is situated in a building with approx. square footage of 2,100 sq ft.
The property is leased by the company for $9,527
Why is the Current Owner Selling The Business?
There are all kinds of reasons why people decide to sell operating businesses. Nonetheless, the true factor and the one they tell you may be 2 completely different things. As an example, they might state "I have way too many various responsibilities" or "I am retiring". For many sellers, these factors stand. However, for some, these might simply be reasons to attempt to conceal the reality of transforming demographics, increased competitors, recent reduction in revenues, or a variety of various other factors. This is why it is extremely crucial that you not count absolutely on a seller's word, but instead, utilize the seller's response in conjunction with your total due diligence. This will paint a more practical image of the business's present scenario.
Existing Debts and Future Obligations
If the current business is in debt, which lots of businesses are, then you will certainly need to consider this when valuating/preparing your offer. Numerous operating businesses borrow money in order to cover items such as inventory, payroll, accounts payable, and so on. Keep in mind that sometimes this can suggest that profit margins are too tight. Many businesses fall into a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may additionally be future commitments to take into consideration. There might be an outstanding lease on equipment or the structure where the business resides. The business may have existing agreements with suppliers that must be met or might cause charges if terminated early.
Understanding the Customer Base, Competition and Area Demographics
How do operating businesses in the area bring in brand-new customers? Most times, operating businesses have repeat consumers, which create the core of their day-to-day profits. Particular elements such as new competition sprouting up around the location, roadway construction, and also staff turn over can impact repeat consumers and adversely affect future revenues. One important thing to take into consideration is the area of the business. Is it in a highly trafficked shopping mall, or is it hidden from the main road? Clearly, the more people that see the business regularly, the better the possibility to construct a returning client base. A final thought is the general area demographics. Is the business situated in a largely inhabited city, or is it situated on the outskirts of town? How might the neighborhood typical family income impact future income potential?