Buy a Multi Location Restaurant Franchisee business for sale in Ohio on BusinessesForSale.com

  • Listing ID: 807717
  • (Seller ref: 2456)

Multi Location Restaurant Franchisee For Sale


Location:
Category:
Type:

Listed by:


Asking price:
Available on request
Sales revenue:
$19,250,000
Cash flow:
$659,000
Franchise opportunity:
Yes
Years established:
19
Employees:
620

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The March Group currently represents a multi-location casual restaurant franchisee with a presence throughout Missouri and Illinois. Each well-maintained, high-traffic store averages more than 4,800 square feet and reached $1.4 million in annual sales in 2008. Sales have remained fairly stable in recent years, averaging $19.2 million per year between 2006 and 2008. The Company has not added any new franchise locations over the last eight years and shut down operations in two stores in 2007. Same-store sales have demonstrated steady year-over-year growth. Consolidated sales in 2009 are forecast to reach $19.25 million, representing an increase of 3.5 percent over 2008 levels.


Real Estate:
Real Property Included
Premises details:
Multiple free-standing stores in Missouri and in Illinois.

Expansion potential:
The Company’s excellent reputation and well-maintained stores are key competitive advantages and provide outstanding platforms to increase market share. The addition of capital and human resources and geographic expansion clearly present likely areas for immediate growth.
Support & training:
The principals will be available to remain in a consulting capacity to facilitate the ownership and management transition.

For more information about this business for sale, click the Contact Seller button.


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