|
Acquisition
Opportunity F-1807
UPSCALE
FAST FOOD FRANCHISE RE-SALE
MIDDLETOWN,
OHIO
This
is an operating franchise. This
fast food restaurant / deli offers a healthy menu and national
recognition.
The
leased facility is upscale and provides a quality ambiance that
complements the menu offerings.
INVESTMENT
HIGHLIGHTS:
·
Franchise agreement can be voided - run as independent
or convert to another franchisor
·
Being operated absentee - with managers
·
Excellent systems and staff in place
·
Growing industry
·
Excellent potential
·
Higher profitability likely upon improvement in the
economy and active participation of an owner operator
·
Asking price is well under the cost of the equipment
and leasehold improvements - Seller paid over $300,000 for this
business
PURCHASE
PRICE:
PRICE REDUCED!
The
business is offered at $295,000 $95,000 free and clear of
debt, $50,000 down.
Fixed assets, inventory and all intangibles are included in
the purchase.
P&L
Summary: Fiscal Year Ends July 31
Assets Included:
|
|
7/31/04
12
mo.
Estimated
|
7/31/03
12
mo.
|
7/31/02
8
mo.
|
|
Original
Cost:
Equipment, Intangibles
Inventory
TOTAL
|
$257,000
5,000
$262,000
|
|
Sales
$
|
535,000
|
530,000
|
348,000
|
|
|
ACF
$
|
2,000
|
11,000
|
-
39,000
|
|
ACF: Pretax profit of the business before
expenses of owner compensation and perks, deprec., interest.
|