Fast Food Franchisor with 31 Stores - Established in 1965!
Location: California, United States
Category: Food and Beverage
Type: Franchise
Asking Price: $1,300,000
Cash flow: Not Disclosed
Revenue: Not Disclosed
Gross Income: $4,018,476
Inventory: $10,000 - Included in the Asking Price
FF&E $30,000 - Included in the Asking Price
Real Estate: Not Disclosed
Franchise Fee: Not Disclosed
This fast food franchisor was established by one of the United States most famous and successful franchisors in 1965! The sale include the rights to entire franchise concept, and system in the U.S. (with a few excluded counties) and abroad. At present, the franchisor operates 1 corporate store (included in the sale), and has 31 franchisee stores located in Southern California. This business presents a muriad of opportunties for the experienced fast food operator, the franchisor/marketer, or a party seeking to acquire an existing franchisee system in place that can couple the existing concept with a revitalized one, or even their own!
Facilities:
This Franchisor operates out of a 1,000 square foot office that may be easily relocated to anywhere in the U.S. (but will ideally remain near the 31 franchisee stores in S. Cal.). The sale also includes 1 corporate owned location which occuplies approximately 1,200 square feet.
Financing:
Not Offered, but may consider
Support:
Owner will train for 2 weeks at 20 hours per week, or as necessary
Competition:
This business has 1 major national competitor, but no other primary competitors in this market segment.
Growth:
The current franchisor has not pushed franchise sales for over 15 years, or modify the franchise concept / unique value proposition. New owners may seek initial growth (and capital) via the sales of new franchisee locations in the U.S. and/or abroad. They will also seek to revitalize the traditional concept to incorporate today's fast food preferences, marketing strategies, etc.
Reason Selling: Retirement
Number of Employees: 8
Year Established: 1965
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