Tupelo Data Room
Other Restaurants & Food
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Popular Comfort Food Franchise Business

Colorado, United States
listing image
Asking Price$400k
Revenue$985k
EBITDA-
Cash Flow-
Description
The legend of this franchise began in 1989 by a Father-Son team. As organic growth and multiple awards piled up over 15 years the next chapter in the story was a franchise model. Launched as a franchise in 2004, today this comfort food concept remains. The menu touts a smorgasbord of popular food items and attracts the taste buds of local residents, vacationers, and business travelers. It has been part of Western Colorado since 2006. While remaining small, the franchise founder is an integral in maintaining relationships with vendors to keep food cost down for the franchisees. Enjoy these benefits of this franchise ownership: *Skip the start-up investment of up to $825,00 (per franchise FDD) for build out, equipment and working capital. *Enjoy the savings of a 15K Franchise Transfer Fee versus the on boarding Franchise Fee of 40K. *Take advantage of the low 2% royalty reduced by the Franchisor. (Reduced from the FDD stated fee of 4% and among the absolute lowest within the franchise industry) *Buy high quality food products at a substantially lower cost based on established vendor relationships. This franchise location opened its doors in 2006. It is looking for a proprietor who can nurture it to its exceptional potential. Opportunities abound with catering, adding a food truck to participate in local and regional venues, and ramping up marketing on social media and beyond. All equipment is up to date with a new double oven installed in 2023. A restaurant manager tends to day to day operations.
Real Estate
Rent is $7,172 per month
Building Size: 4000 sq. ft.
Furniture Fixtures & Equipment
$537k
Inventory
$8k
Number of EmployeesFull-Time: 10
Year Established
2006
Reason Selling
Retirement
Facilities & Assets
The building is located in a prime end-cap unit of a busy strip mall surrounded by major retailers such as Walmart, Target, box stores and medical service providers. It has easy access to parking. The original footprint of the restaurant was 3300 SQ. FT. Then, in 2018 the restaurant expanded by 700 SQ. FT. This addition is now a dedicated bar area. The 4000 SQ. FT. is leased with a monthly payment of $7,172.07 per month. The lease is transferable.
Support & Training
Owner will provide support for a smooth transition.
Market & Competition
This comfort food establishment has one small competitor in the area.
Growth Opportunities
Multiple ideas exist for easy growth of this established restaurant. Expanding catering, adding a food truck, enhancing the bar area experience, and additional social media exposure are but of few of the ideas that would easily grow this exceptional business.
Asking Price$400k