Price: $300,000
Location: Johnson City, TN
Industry: Limited-Service Restaurants
Listing ID: 20232011
Listing Status: New
Here is an opportunity to a healthy menu franchise in a great location with growing sales at half the cost of opening a new location. The equipment is almost brand new. Over $300,000 was invested in build out and decor.
Down Payment: $45,000
Total Sales: $595,000
FFE: $185,000
FFE Included: Yes
Inventory Included: No
Year Established: 2020
Days & Hours of Operation: 11 am to 9 pm
Owner Hours Per Week: 30
Employees: 9
Security on Lease: No
Lease Option: Two 5 year renewal options
Real Estate Included: No
Monthly Rent: $4,605
Type of Location: Strip mall
Square Footage: 1700
Franchise: Yes
Relocatable: No
Facilities Information: In line strip shopping center with numerous adjacent and nearby businesses that generate diverse exposure. More details in Executive Business Summary. Buyer will have to qualify to take over the lease.
Reason For Sale: Seller has other pressing priorities; this creates the opportunity
Training & Support: Two weeks transitional training. Franchisor provided manuals, policies, and operational guides to supplement.
