Offered Exclusively Through Keate Partners

 

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.                    

FOR FURTHER INFORMATION CONTACT KEATE PARTNERS (513) 241-3700