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#5859
Palm Beach Restaurants For Sale

Established National Sub Franchise with a great US reputation

$229,000
Established National Sub Franchise with a great US reputation
This Listing is Expired

Reason for Sale: Downsizing; Established National Sub Franchise with a great US reputation. With approximately 1,160 locations throughout the United States, Puerto Rico and Canada, this franchisor was recently ranked number 60 in the 2019 Entrepreneur Franchise 500 Fastest-Growing Franchises list. This business gives a buyer the opportunity to join an organization that is still young and, on its way, up. Owner Benefit is a working owner adding back the manager salary. Perfect books & records. All sales on the tax returns. All employees W2. Visa qualified. Landlord /franchise transfer fees are buyer's responsibility. Rarely do we see a resale of this franchise brand on the open market.

President Russell Cohen DRE License #SL679527

Lease

Region:
Palm Beach Restaurants For Sale
Lease Term:
11/30/2024
Total Monthly Rent:
$6,000

Financials

Last Year's Annual Gross:
$431,031
Last Year's Owner's Cash Flow:
$50,178
Last Year's Food Cost %:
30
Last Year's Payroll Cost %:
30

Operations

Hours Open:
Open 7 days 10:30-9pm
Year Established:
6

Facilities

Indoor Seating:
30
Outdoor Seating:
8
# of Parking Spots:
Ample
Inside Sq. Ft.:
1,900

Highlights

  • National Franchise Brand
  • Great Franhise reputation

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 18,370 86,696 208,267
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 6,896 33,395 84,559
2010 Persons Per Household 2.23 2.15 2.13
Median House Value $295,600 $348,167 $275,488
Income Per Household $67,500 $66,187 $58,977
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 2,468 6,524 10,177
2012 Number Of Employees 73,644 173,652 239,836
2012 Total Annual Payroll $1,949,819,000 $4,294,967,295 $4,294,967,295

click for more demographic info

Disclaimer

Notice: The User (that's you reading this) of this Website understands that Murphy Business & Financial Services LLC. ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it.  In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User. In addition, Broker uses SellingRestaurants.com as an advertising source for Broker's Listings and in no way is SellingRestaurants.com involved in receiving a commission for its services. 


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