Businesses For Sale

Description:
This award-winning Quick Serve Restaurant (QSR) franchise is located inside a very popular big box store on the northeast side of San Antonio in a very high growth area - can’t get much better foot traffic! The franchise has a successful 37-year track record and over 700 locations. With about 70% of growth coming from existing franchisees reinvesting in the brand, this speaks highly of the franchise! They have one of the simplest operations in the industry and a strong corporate team to help support the franchisee to be successful. With delicious cheesesteaks and wings being most popular on their menu, they also offer chicken sandwiches, loaded fries and signature real fruit lemonades. Seller is absentee and location is being run by manager. Rent is only 10% of revenues, includes utilities and is fixed at 10% over the term of the lease! Try finding another business that has occupancy/utility expense this low! This may be the franchise you’ve been looking for! Franchisor requires 7% royalty fees plus 1% marketing fee and a $10K transfer fee. Franchisor also requires buyer to have minimum $500K net worth with $175K liquid after purchase of business.