Profile: National Franchised BBQ Full-Service Restaurant With Type 47.
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Ad/Listing Information
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Contact Information |
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| Financial Information |
Detailed Information |
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| Asking Price: |
Make Offer |
| Down Payment: |
Make Offer |
| Annual Revenue: |
$1,931,894 |
| Annual Adjusted Net: |
$245,006 |
| Price Range: |
$250,001 to $500,000 |
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| Franchise: |
Yes |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Yes |
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Description:
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Full-Service Franchise Restaurant With Full Bar Specializing In BBQ Ribs, Steaks, Chicken And Fun. This Restaurant Has Been Established At This Location For Many Years And Is Located At The Intersection Of A Major Freeway And A Major North-South Commute Street In A Very Nice Area Of San Jose.
The Franchisor Has Recently Gone Through Some Changes An A New Management Team Is Working Hard To Build The Franchise System. The Buyer Of This Business Will Be Able To Sign A New Franchise Agreement With Terms That Are Very Favorable Compared To Most Large Franchise Systems - 4% Royalty. The Buyer Must Have Full-Service Restaurant Managemen Experience To Qualify. Priced Attractively At Two Times Earnings But Seller Will Consider Any Offer. Seller Is Very Motivated And Will Consider Any Offer.
Landlord Will Agree To A New 10-Year Lease With Options For A Qualified Buyer.
Franchise And Landlord Require Remodel And Refurbishing Of The Building Inside And Out, Including Kitchen. Seller Has Recently Refurbished HVAC And Installed New Sewer Drain Lines. Estimated Cost Of Total Remodel Is Approximately 250,000.
It May Be Possible To Terminate The Franchise And Rebrand The Restaurant.
The Facility Has A Very Attractive Bar And Three Dining Areas. A Former Hungry Hunter Restaurant, This Facility Has The "Hunting Lodge" Theme With Silver Aged Wood Walls, Large Stone Fireplace With Moosehead, Large Native American Totem Pole, And Rustic Interior Design Accents.
Generally, This Facility Is Well-Suited For Casual Dining And Has Been A Steak House Or BBQ For Over 30 Years.
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
Greg Carpenter, Agent at 408-898-0393 or 408-385-0399 Non Disclosure Agreement |
Business For Sale Photos
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See All Our Other Businesses For Sale We Have Available
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Greg Carpenter with Business Team has been a business broker since since 1985 completed sale of more than 350 businesses including manufacturing, distribution, transportation, staffing, education, restaurant, catering, automotive services and retail. See all his listings and information - contact him at 408-898-0393 or 408-385-0399. |
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